Archive · 25 Jul 2026
IIT Bombay's SINE Launches Deep-Tech Venture Capital Fund
IIT Bombay's SINE has launched a new venture capital fund called Y-Point, which is specifically for deep-tech startups.
This fund aims to help these startups get the money and support they need to grow, especially since deep-tech projects often take a long time and require a lot of investment.
SINE has also updated its brand identity to reflect its broader role in supporting startups from research to commercialization.
The fund is designed to bridge the gap in early-stage funding for science and technology-led startups, providing not just money but also mentorship and access to a network of innovators.
This initiative is expected to strengthen India's deep-tech startup landscape and help turn research into successful businesses.
IIT Bombay's SINE has launched the Y-Point Venture Capital Fund for deep-tech startups.
The fund aims to address the shortage of early-stage risk capital for deep-tech startups.
SINE has supported over 500 startups since its inception in 2004.
The fund provides mentorship, industry connections, and access to venture capital networks.
SINE has unveiled a new brand identity reflecting its broader role in the innovation ecosystem.
- Who
- IIT Bombay's Society for Innovation and Entrepreneurship (SINE)
- What
- Launched the Y-Point Venture Capital Fund for deep-tech startups and unveiled a new brand identity.
- When
- The specific date is not mentioned in the article.
- Where
- Indian Institute of Technology Bombay (IIT Bombay), Mumbai, India
- Why
- To address the shortage of early-stage risk capital for deep-tech startups and support their commercialization.
Institutional Support
Independent Venture Capital
Funding Source
Institutional Support
The Y-Point Venture Capital Fund is linked to IIT Bombay's SINE, providing institutional support and access to an established innovation ecosystem.
Independent Venture Capital
Independent venture capital funds may offer more flexibility and diverse investment strategies.
Focus on Deep-Tech
Institutional Support
The fund specifically targets deep-tech startups, addressing the unique challenges of long development cycles and sustained investment.
Independent Venture Capital
Independent funds may have a broader investment focus, potentially including various sectors beyond deep-tech.
- Institution
- Indian Institute of Technology Bombay (IIT Bombay)
- Fund Name
- Y-Point Venture Capital Fund
- Fund Focus
- Deep-tech startups
- Inception Year of SINE
- 2004
- Startups Supported by SINE
- Over 500
- Director of IIT Bombay
- Prof. Shireesh Kedare
- Deputy Director (ART)
- Prof. Milind Atrey
- Professor-in-Charge of SINE
- Prof. Nishant Sharma
- CEO of SINE
- Shaji Varghese