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Department of Science and Technology


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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 17
Average round size
The average size of a deal this fund participated in
Portfolio companies 17
Rounds per year 0.33
Lead investments 5
Key employees Soon

Areas of investment

  • Health Care
  • Artificial Intelligence
  • Software
  • Internet of Things
  • Farming

Department of Science and Technology appeared to be the Corporate Investor, which was created in 1971. The venture was found in Asia in India. The leading representative office of defined Corporate Investor is situated in the New Delhi.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - India. Among the most popular portfolio startups of the fund, we may highlight Axio Biosolutions Private Limited. Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. We can highlight the next thriving fund investment areas, such as Medical Device, Emergency Medicine.

The typical case for the fund is to invest in rounds with 1 participant. Despite the Department of Science and Technology, startups are often financed by GVFL. In the next rounds fund is usually obtained by Chiratae Ventures, Accel, RNT Capital.

Considering the real fund results, this Corporate Investor is 40 percentage points more often commits exit comparing to other organizations. The usual things for fund are deals in the range of 100 thousands - 1 million dollars. The fund is constantly included in less than 2 investment rounds annually. The important activity for fund was in 2018. The average startup value when the investment from Department of Science and Technology is 100 thousands - 1 million dollars.

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Related Funds

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Typical Co-investors
Department of Science and Technology is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Department of Science and Technology:
There are no funds here. If we find new data, we will add it here.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

EyeROV (IROV Technologies Pvt. Ltd.)

Marine Technology
$390K07 Oct 2022 Kochi, Kerala, India

Shellios Technolabs

Information Technology
22 Aug 2022 Noida, Uttar Pradesh, India


Health Care
$3K13 Nov 2021 -


Health Care
$100K01 Jun 2021 Singapore, Central Region, Singapore


Artificial Intelligence
Big Data
Embedded Systems
Internet of Things
$7K01 Jul 2020 Delhi

Aerobiosys Innovations

$149K01 Mar 2020 Hyderabad, Andhra Pradesh, India

BeAble Health

Health Care
Machinery Manufacturing
Medical Device
$32K23 Jul 2019 India, Andhra Pradesh, India


Legal Tech
$26K20 Mar 2019 Ranchi, Jharkhand, India

Forum for Innovation Incubation Research and Entrepreneurship

Funding Platform
Non Profit
$1M09 Dec 2018 -


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