Funding

Amrita TBI Services

  • Funding

    Upto INR 1 crore per startup. One of the ten incubators in India that can provide scaled funding.
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  • Co-working Locations

    Incubation and co-working spaces in Kollam, Bengaluru and Coimbatore with access to 100+ cutting edge multidisciplinary labs at Amrita University.
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  • GST exemption

    No tax for revenue upto INR 50 lakhs per year for a period of 3 years.
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  • NITI-Aayog

    One of the six incubators in India selected to be made world class.
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  • VC network

    Access to VCs and angel investors for scaled funding.
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  • Mentorship

    One -to -one mentorship from world class mentors from India,Silicon valley and Singapore.
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  • Discounted Services

    Avail up to USD 5000 credit from AWS and discounts from a host of partners for accounting, legal etc.
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  • Internship pool

    Large pool of engineering and management students from Amrita University -India's No 1 Private University.
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Best Services for Startups

Incubation and Funding

Selected startups are provided incubation and funding support at Amrita TBI. The duration of incubation is 2 years. Funding is provided to prospective startups through loan/equity. The quantum of funding is up to INR 1 Crore. Funding for startups is provided through

  • NSTEDB DST
  • TIDE Program
  • MSME
  • SSS
  • EIR

Amrita TBI also works with angel and VC funds in India that can invest in startup companies.

Co-Working Space

Amrita TBI offers both physical and virtual incubation. Co-working spaces located at three prime locations of Amrita University campuses- Amritapuri, Coimbatore & Bengaluru offer the following facilities:

  • High-End PCs
  • High-Speed Multi-access Network
  • Intercom
  • IT Support
  • Common pool of hard and soft infrastructure like meeting/conference room, teleconferencing facilities, library etc
GST Exemption

GST exemption for services provided by an incubatee upto a total turnover of fifty lakh rupees in a financial year subject to the following conditions :

  • the total turnover has not exceeded fifty lakh rupees during the preceding financial year; and
  • a period of three years has not been elapsed from the date of entering into an agreement as an incubatee
Access to VC Network

Startups incubated at Amrita TBI have access to partnered VCs for investments. Ah! Ventures, Ankur Capital, Indian Angel Network and Gazelle Ventures are Investor Partners with Amrita TBI to name a few.

Mentorship

Amrita TBI brings in both national mentors and international mentors from Silicon Valley with varied experience across multiple domains and sectors. They have been executives at Fortune 500 companies, built startups and products with the local and global appeal.

CLoud Services

Amazon Web Services

$1000 credit from AWS for startups incubated at Amrita TBI and $5000 credit for funded startups

Digital Ocean

$3000 credit from Digital Ocean for Amrita TBI Incubated startups

Internship pool

Startups at Amrita TBI can hire students from Amrita University on a part-time and full-time basis. Students can be hired across multiple disciplines of engineering, business, commerce, arts, multimedia etc. Amrita University is a top-ranked private university in India.

Multidisciplinary Labs

With 100+ Labs across multiple disciplines at Amrita University and Amrita TBI, startups can avail the various lab facilities to build prototypes, set up test environments and test the various features of their product. The large fraternity at the University can be used to gauge the initial feedback of customer.

Legal Services

Legal services for startups will be provided through Amrita TBI partners. Our legal partners, offers up to 20% discount on the professional fee for startups incubated with Amrita TBI.

Testimonials