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IGNITE Program
Overview
The IDFC FIRST Bank IGNITE Program believes that innovation and entrepreneurship are powerful enablers of inclusive and sustainable growth. As part of our commitment to nation‑building through Corporate Social Responsibility (CSR), we are proud to partner with the Foundation for Innovation and Technology Transfer (FITT), IIT Delhi, and the Society for Innovation and Entrepreneurship (SINE), IIT Bombay, to launch the IGNITE Program.
IGNITE is a flagship initiative designed to support early‑ to growth‑stage startups and entrepreneurs across India working in the domains of GreenTech, HealthTech, and AI for Social Good. The program aims to help innovators translate promising ideas into scalable, real‑world solutions that address critical social and environmental challenges.
Through this collaboration, IDFC FIRST Bank will provide CSR grants of up to ₹30 lakh per startup, along with access to:
- Structured mentorship from industry and domain experts
- Technical and product development guidance
- Business and market‑linkage support
- The advanced research and innovation ecosystems of IIT Delhi and IIT Bombay
By combining financial support with deep institutional expertise, the IGNITE Program seeks to accelerate the growth of impactful startups and strengthen India’s innovation landscape.
This year we supported 23 startups in partnership with SINE & FITT and 27 startups via the Startup Maharathi Program which is a subcategory of IGNITE program aimed at strengthening India’s startup ecosystem by enabling high‑potential entrepreneurs to scale with purpose and resilience. Designed to support startups at critical growth stages, the program focuses on building capability, market readiness, and long‑term sustainability, while encouraging innovation that delivers meaningful economic and social impact.
Eligibility Criteria ( IGNITE)
Startups applying to the IGNITE Program must meet the following criteria:
- Registered with DPIIT (Department of Promotion of Industry and Internal Trade)
- Product or solution with clear social impact aligned to ESG goals
- Operating in GreenTech / ClimateTech, HealthTech, or AI for Social Good
- Minimum Technology Readiness Level (TRL) 6 or above
- Fulfil any additional criteria as specified by the program partners
Impact
- IGNITE 23 startups
- Startup Mahakumbh27 startups
- Incubators 3
Eligibility to apply for the IGNITE program
Registered with DPIIT (Department of Promotion of Industry and Internal Trade)
Product or solution with clear social impact aligned to ESG goals
Operating in GreenTech / ClimateTech, HealthTech, or AI for Social Good
Minimum Technology Readiness Level (TRL) 6 or above
Fulfil any additional criteria as specified by the program partners