RiiDL Technology Business Incubator (TBI) is a support programme from Research Innovation Incubation Design Laboratory (RiiDL) Foundation, Somaiya Vidyavihar University, Mumbai for early-stage tech startups (incl. It provides Workshops, one-to-one mentoring, workspace, fabrication, AI, AR/VR and bio labs, legal and IP help, cloud credits and investor introductions. The incubator takes a small equity stake, for technology, hardware, biotech/deeptech startups. Applications are open on a rolling basis. Last verified against the official page on 2 November 2026.
Key facts
| Amount / benefit | Workshops, one-to-one mentoring, workspace, fabrication, AI, AR/VR and bio labs, legal and IP help, cloud credits and investor introductions. The incubator takes a small equity stake |
|---|---|
| Provider | Research Innovation Incubation Design Laboratory (RiiDL) Foundation, Somaiya Vidyavihar University, Mumbai |
| Where | Pan-India |
| Stage | Idea, Proof Of Concept, Prototype |
| Sector | Technology, hardware, biotech/deeptech startups |
| Deadline | Rolling intake, no cohort window |
What is RiiDL Technology Business Incubator?
RiiDL Technology Business Incubator (TBI) — Investment/mentoring support up to Series-A stage; RiiDL may take up to 4-6% equity for services rendered — Early-stage tech startups (incl. hardware and biotech) with a working idea/prototype seeking product development, mentoring, training, and investor connects . It is run by Research Innovation Incubation Design Laboratory (RiiDL) Foundation, Somaiya Vidyavihar University, Mumbai.
This is equity funding — the investor (often through a fund) takes a stake in your company in exchange for capital, rather than lending or granting money. You give up some ownership; you don’t repay it like a loan. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
It is aimed at businesses in technology, hardware, biotech/deeptech startups. Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
Who is eligible for RiiDL Technology Business Incubator?
Early-stage tech startups (incl. hardware and biotech) with a working idea/prototype seeking product development, mentoring, training, and investor connects
What does RiiDL Technology Business Incubator give?
Workshops, one-to-one mentoring, workspace, fabrication, AI, AR/VR and bio labs, legal and IP help, cloud credits and investor introductions. The incubator takes a small equity stake. It does not give money.
Related programmes
CapEasy handles this under Fundraising advisory.
Source and verification
No official page is linked for this programme yet. Last verified 2 November 2026. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.