NIDHI Prayas Overview
- Investor Type
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Accelerator/Incubator
- Status
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Active
- Investments
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40
- Portfolio
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38
- Exits
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2
NIDHI Prayas General Information
Company Description
NIDHI Prayas is a startup studio based in Mumbai, India. The firm is an umbrella program conceived and developed by the Innovation & Entrepreneurship division, Department of Science & Technology and the Government of India, for nurturing knowledge and technology-driven ideas into startups.
Business Details
Website
www.nidhi-prayas.orgInvestor Status
Primary Investor Type
Other Investor Types
Corporate Office
- Program Management Unit (PMU), Society for Innovation and Entrepreneurship (SINE)
- IIT Bombay, Powa
- Mumbai, Maharashtra 400076
- India
NIDHI Prayas Investments (40)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Hornet (Network Management Software) | 26-Feb-2025 | Seed Round | Network Management Software | Generating Revenue | ||
| VV Canine Foods Pharma | 25-Jan-2025 | Other Commercial Products | Generating Revenue | |||
| Okulo Aerospace | 01-Sep-2024 | Aerospace and Defense | Generating Revenue | |||
| Mechgreen Tech Mobility Solutions | 31-Jul-2024 | Electrical Equipment | Generating Revenue | |||
| Space Philic | 28-Feb-2024 | Aerospace and Defense | Product Development | |||
| SpaceFields | 01-Jan-2024 | Aerospace and Defense | Generating Revenue | |||
| Malamed life science | 01-Jan-2023 | Medical Supplies | Startup | |||
| Aparoks Tech | 15-Sep-2022 | Other Devices and Supplies | Stealth | |||
| TGP Bioplastics | 16-Aug-2022 | Seed Round | Plastic Containers and Packaging | Generating Revenue | ||
| Abyom SpaceTech and Defence | 28-Jun-2022 | Accelerator/Incubator | Aerospace and Defense | Startup |
NIDHI Prayas Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size |
|---|---|---|---|
| Pure Scan AI | 02-Oct-2026 | Out of Business | |
| CHARGE IT UP | 01-Jun-2024 |
NIDHI Prayas Investments by Industry, Year, and Region
NIDHI Prayas Co-Investors (13)
| Name | With | Exits | Lead Partner | Series | Industry |
|---|---|---|---|---|---|
| Artha India Ventures | 1 |
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| Artha Venture Partners (Mumbai) |
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| Mercatus Center |
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| NITI Aayog |
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| VIT-Technology Business Incubator |
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NIDHI Prayas FAQs
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What is NIDHI Prayas?
NIDHI Prayas is a startup studio based in Mumbai, India.
-
Where is NIDHI Prayas headquartered?
NIDHI Prayas is headquartered in Mumbai, India.
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How many investments has NIDHI Prayas made?
NIDHI Prayas has made 40 investments.
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What has NIDHI Prayas invested in?
NIDHI Prayas has made numerous investments in companies like Hornet (Network Management Software), VV Canine Foods Pharma, and Okulo Aerospace within the Network Management Software, Commercial Products, and Aerospace and Defense industries.
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What has NIDHI Prayas invested in recently?
NIDHI Prayas's latest investment was on 26-Feb-2025 in Hornet (Network Management Software), a company within the Network Management Software industry.
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