XR Startup
Program

A program to discover, nurture, and accelerate
XR technology startups across India.

Implementation partner

Accelerator

The Accelerator will nurture and foster 10 early stage startups working with XR technologies through a well-designed 6-month program. It is a part of the XR Startup Program, a collaboration between Meta and MeitY Startup Hub, and will be run and managed by the International Institute of Information Technology - Hyderabad Foundation (CIE IIIT-H).

Application end date:
October 23, 2022, 11:59 PM (IST)

Benefits of the Program

Grant of ₹ 20,00,000 during the course of 6-month program

IIIT-Hyderabad research connect, mentorship by industry experts

Access to a network of potential strategic partners and investors

Opportunities to participate and present at industry events

Access to technology and infrastructure support

Eligibility

  • Early stage startups building products or solutions (software applications, services, or hardware) based on XR technologies
  • The startup should have at least 1 full-time founder
  • The startup should be in the prototype/ minimal viable product/ pre-revenue stage
  • Startups registered with the Department for Promotion of Industry and Internal Trade (DPIIT) or eligible and willing to be registered with DPIIT

Applications are now closed

Key target outcomes

  • Increased revenues
  • Increased valuation
  • Follow-on investments
  • Refined version of products

Program timeline

Application Start Date
August 29, 2022, 9:00 AM (IST)
Application end date
October 23, 2022, 11:59 PM (IST)
Notification of results
October 2022
Commencement of 6-month accelerator program
October 2022
Note: Dates/ timelines are subject to change. Kindly check this site regularly for the latest information.

Mentors

IIIT-H Research Mentors

Dr. Avinash Sharma

Dr. Kavita Vemuri


Strategy Mentors

Prof. Ramesh Loganathan

Prof. Prakash Yalla


Investor Mentors

Eve Chang

Imtiaaz Hussain


Founder Mentors

Kashyap Reddy


Knowledge partners

Frequently Asked Questions

Eligible startups can click here to submit the application form and provide the required information such as startup details, a pitch deck (link to an indicative format can be found here funds raised etc. Reference copy of the application form can be downloaded from here.

Startups working on Extended Reality (XR) technologies that fulfill the eligibility criteria mentioned above and detailed in the terms and conditions, available here, can apply.

T&Cs of the Accelerator can be found here.

CIE IIIT-H will establish a 3-member panel to evaluate and select the applications. Applications will then be discussed with the steering committee established by Meta in collaboration with MSH. Selected startups will be informed by CIE IIIT-H. For detailed information, refer to T&Cs.

Applications will be evaluated based on the below criteria:

  • Does the product/ solution have a high degree of innovation/ novelty compared to any existing products/ solutions?
  • Will the product, if commercialized, achieve a positive societal, economic, environmental impact and business opportunity at scale?
  • Capability and potential of the startup team in XR technology

In the event of a tie between two applicants for one spot, capital raised from external sources will be considered. For more details, refer to T&Cs.

10 startups will be supported and provided with the program benefits. In order to avail them, the selected startups must attend, participate, and complete the 6-month accelerator program.

For any further information, drop an email to incubation@iiith.org or erin.miller@cie.iiit.ac.in

Yes, pitch days will be organized as part of the 6-month accelerator program to provide access to potential strategic partners and investors to all the startups.

No, you can apply to only 1 implementation partner under the XR Startup Program. For further details, refer to T&Cs.

All the program benefits mentioned on this page above shall be made available to the selected startups by CIE IIIT-H. For further details, refer to T&Cs.

About CIE IIITH

Fostering Deeptech Startups Since 2008

CIE at IIIT Hyderabad is a technology incubator with rich experience in seeding, nurturing, and growing deep-tech startups in emerging segments like med-tech, tech4social, visual informatics, data engineering, and machine learning, language technologies, gaming, and robotics. CIE IIIT-H, with a research-led innovation as its primary mandate, focuses on amplifying technology through research collaboration and co-creation models for startups to work with research groups at CIE IIIT-H. In the past 13 years we have grown to be the largest academic incubator in the country, have housed over 300+ startups that have raised about 200 cr funding, and created over 2000 jobs. Today there are very active programs focused on emerging technology startups, research-based startups, medical and social technology startups.

Get in touch
Phone - 040 66531211
Hours of contact - 11:00 AM - 8:00PM