The startup scene in India

Gujarat’s Student Startup and Innovation Policy (SSIP 2.0) has a stated term through March 31, 2027. Its eligibility criteria cover young innovators up to age 35 who are students, alumni, or dropouts from specified education levels. The policy describes Startup Srujan Seed Support grants of ₹2.5 lakh to ₹10 lakh, implemented by i-Hub; this does not establish that applications are currently open.

The SSIP portal lists a student startup and innovation proposal route and names Parul University, GSFC University, and M.S. University of Baroda as participating local institutions. The portal evidence does not establish institution-specific current intake or funding windows.

Parul University lists Cligent Technologies as an aerospace portfolio company developing a nine-seat hybrid-electric STOL aircraft and reports ₹4 crore raised. Parul also lists Techlanz as a battery technology company and reports figures of ₹1 crore in revenue and nine patents filed; these figures are reported by the university.

The Times of India reported that Vadodara-based Charge Zone raised $54 million in a Series A1 round led by BlueOrchard Finance on March 21, 2023, including an $8 million debt component managed by BlueOrchard. Inc42 Datalabs lists One Way Cab, a one-way intercity taxi service, as headquartered in Vadodara and founded in 2015; its profile reports last funding in June 2016, total funding above $450,000, and FY25 revenue above ₹2.9 crore.