IIT Bombay’s SINE, EXIM Bank Sign MoU to Boost Startup Funding
Mumbai, September 8, 2026: The Society for Innovation and Entrepreneurship (SINE), IIT Bombay and EXIM Bank have signed an MoU for the EXIM Bank–SINE Seed Fund Programme, aimed at creating funding opportunities for innovative startups.
The MoU was signed during World Entrepreneurs' Day 2026, where SINE brought together founders, investors, corporates, institutions and ecosystem partners for discussions on innovation, entrepreneurship and startup growth.
The EXIM Bank–SINE Seed Fund Programme is expected to provide innovative startups with access to capital and support their growth.
The event also featured insights from Prof. Shireesh Kedare, Director, IIT Bombay, and Tarun Sharma, Deputy Managing Director, EXIM Bank, along with discussions on CSR partnerships, semiconductor innovation and startup–corporate collaboration.
Key Highlights
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Partners: SINE, IIT Bombay and EXIM Bank
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Initiative: EXIM Bank–SINE Seed Fund Programme
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Key development: MoU signed between SINE and EXIM Bank
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Focus: Startup funding and innovation
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Event: World Entrepreneurs' Day 2026
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Other discussions: CSR partnerships, semiconductor innovation and startup–corporate collaboration
The partnership creates a new institutional channel for supporting innovative startups through seed-stage funding and ecosystem connections.