Deadline: October 04, 2025
ATMAN 3.0 is designed to transform early-stage Healthtech startups into investment-ready ventures through an intensive 8-week program with structured guidance from industry leaders, domain experts, and investors.
The focus areas include HealthTech, Financial assistance of up to INR 1 crore as seed support in the form of Equity/CCPS, Business and Technical mentoring from experts, Opportunity for participation in TIH IIT Bombay events and workshops, and Ecosystem Support by providing access to various facilities, labs, and technology resources of TIH IIT Bombay, as per its policies.
Over the course of the program, selected startups will receive hands-on mentorship covering every critical aspect of building and scaling a HealthTech business, culminating in a high-impact Demo Day planned for January 2026. During this event, selected startups will pitch their solutions to investors, industry experts, and corporate partners, providing them with a chance to secure investment of up to INR 1 crore.
Eligibility for application requires that the applicant startup be developing a product or service with market fit, viable commercialization, and scaling potential in the IoT technology domain. The startup should be at Technology Readiness Level (TRL) 3 or above, recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) or eligible for such recognition, with at least 51% shareholding by Indian promoters at the time of application. Only promoters are eligible to submit the application.
Applications are to be submitted exclusively through the official application form, with the required documents ready at the time of submission. These documents include the Certificate of Incorporation, Memorandum and Articles of Association, PAN card of the organization, DPIIT recognition certificate or eligibility undertaking, and annual financial statements of the last three years if available.
Seed support funding provided under the program must be used strictly for business-related needs. This can include product development involving equipment procurement, testing, and trials; manpower costs including salaries of promoters and employees within defined limits; marketing activities such as test marketing and promotions; professional mentoring services; essential professional services like legal, regulatory, or strategy support; and contingencies not exceeding 10% of the sanctioned funds. Exceptions may be approved by the investment committee as per need.
The application process involves a review of submitted documents, and shortlisted startups will be required to present as per the prescribed format as part of the evaluation.
For more information, visit Sayuj.
