The Society for Innovation and Entrepreneurship (SINE) at IIT Bombay has launched India’s first incubator-linked deep tech venture capital fund, marking a defining moment for the country’s innovation ecosystem.

Announced in Mumbai on December 9, 2025, the Y-Point Venture Capital Fund carries a total size of Rs 250 crore and is designed to strengthen early-stage deep tech ventures by offering much-needed risk capital.

This initiative makes IIT Bombay the first institution in India where an academia-affiliated technology incubator has created and will manage its own venture capital fund.

For SINE, which has long supported high-potential start-ups, the move represents a major expansion of its role, from incubation and mentorship to direct capital infusion for founders working on transforma

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