NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Nidhi Prayas (Department of Science and Technology)

Nidhi Prayas (Department of Science and Technology)

Overview

NIDHI-PRAYAS is a pre-incubation grant program under the umbrella of NIDHI (National Initiative for Developing and Harnessing Innovations), conceived and developed by the Department of Science & Technology (DST), Government of India. The program aims to support young innovators and idea-stage entrepreneurs by providing grant funding to convert their technology and science-based ideas into physical prototypes. It is implemented through a network of recognized Technology Business Incubators (TBIs) known as PRAYAS Centres. The program is sector-agnostic but prioritizes areas like manufacturing, agriculture, healthcare, clean-tech, energy, water, and IoT.

Portfolio Companies

6

Website

dst.gov.in

Investments

Nidhi Prayas (Department of Science and Technology) investments
CompanyDateStageLead
Sensio EnterprisesDec 2022GrantCo-investor
Prayogik Technologies Private LimitedAug 2022GrantCo-investor
Innaumation Medical DevicesDec 2018GrantCo-investor
Biodesign Innovation LabsAug 2017GrantCo-investor
Diagopreutic Private Limited-GrantCo-investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

Premium
SeedSeries ASeries BGrowth

Unlock portfolio analytics

Sign up to view full sector, stage, and valuation breakdowns for this investor.

Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Unlock portfolio analytics

Sign up to explore yearly investment trends and funding raised over time.

FAQ

Firmographic Details

HeadquartersIndia
Year FoundedN/A

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.