iDEX Fund

An ecosystem to foster innovation & technology development in. Defence and Aerospace by engaging innovators & entrepreneurs to deliver technologically advanced solutions for modernizing Indian Military.iDEX will be funded and managed by a “Defence Innovation Organisation (DIO)‟ formed as a “not for profit‟ company as per Section 8 of the Companies Act 2013 for this purpose.

The modalities of implementation of Defence innovation fund (DIF) will be managed by a specialized team known as the Innovation for Defence Excellence (iDEX) within the DIO. DIO will provide high level policy guidance to iDEX. iDEX will have functional autonomy.

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Taking the iDEX initiative further, Defence India Startup Challenge has been launched by Ministry in partnership with Atal Innovation Mission, aimed at supporting Startups/MSMEs/Innovators to create prototypes and/or commercialize products/solutions in the area of National Defence and Security.


  • Startups, as defined and recognized by the DPIIT, Ministry of Commerce and Industry, Government of India.
  • Any Indian company incorporated under the Companies Act 1956/2013, primarily a Micro, Small and Medium Enterprise (MSME) as defined in the MSME Act, 2006.
  • Individual innovators are also encouraged to apply (research & academic institutions can use this category to apply

iDEX Offering

Grant support up to

INR 10 Cr

Co-working space

as per availability
Access to 

Infrastructure & Mentorship

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IIIT Bangalore Innovation Centre 26/C, Hosur Rd, Electronics City Phase 1, Electronic City, Bengaluru, Karnataka 560100

For further queries, Contact Incubation Manager: | Phone: 080 41407777