# Incubators and accelerators based in India (2026 list) > 187 incubators and accelerators based in India, 4% active in the last 12 months. Led by GSF, The Morpheus, Catalyzer Startup Accelerator. Source: https://millionrounds.com/lists/incubators-accelerators-based-in-india (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Incubators and accelerators based in India Updated 7 November 2026 Incubators and accelerators headquartered in India. [See all 187 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-based-in-india)The top 25 **187** investors on the list No change this week **8** cheques in 12 months Too few cheques to tell **$777K** median round they joined *-90%* against the market median **4%** wrote a cheque in 12 months **2%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (7) - 1 [GSF](https://millionrounds.com/fund/gsf) *Deploying now* Accelerator · India **15** **$500K** median round **Jan 2026** last seen - 2 [The Morpheus](https://millionrounds.com/fund/the-morpheus) quiet Accelerator · India **14** **$125K** median round **Sept 2013** last seen - 3 [Catalyzer Startup Accelerator](https://millionrounds.com/fund/catalyzer-startup-accelerator) quiet Accelerator · India **7** **$100K** median round **Nov 2014** last seen - 4 [GHV Accelerator](https://millionrounds.com/fund/ghvaccelerator-greenhouse-ventures-pvt-ltd) quiet Accelerator · India **5** **$100K** median round **Sept 2015** last seen - 5 [INVENT](https://millionrounds.com/fund/invent) quiet Accelerator · India **4** **$75K** median round **May 2015** last seen - 6 [India Accelerator](https://millionrounds.com/fund/india-accelerator) *Deploying now* Accelerator · India **3** **$500K** median round **Oct 2026** last seen - 7 [Runway Incubator](https://millionrounds.com/fund/runway-incubator) quiet Incubator · India **2** **$29M** median round **Oct 2016** last seen - 8 [Tandon Group](https://millionrounds.com/fund/tandon-group) quiet Incubator · India **2** **$24M** median round **Mar 2019** last seen - 9 [91springboard](https://millionrounds.com/fund/91springboard) quiet Accelerator · India **1** **$400K** median round **Apr 2015** last seen - 10 [AdvantEdge Founders](https://millionrounds.com/fund/advantedge-founders) *Deploying now* Accelerator · India **1** **$1.1M** median round **Oct 2026** last seen - 11 [Bestvantage Investments](https://millionrounds.com/fund/bestvantage-investments) *Deploying now* Accelerator · India **1** **$3.2M** median round **Oct 2026** last seen - 12 [Ginserv](https://millionrounds.com/fund/ginserv) quiet Accelerator · India **1** **-** median round **Nov 2014** last seen - 13 [Grit](https://millionrounds.com/fund/grit) quiet Accelerator · India **1** **$6.6M** median round **Feb 2018** last seen - 14 [IIMA Ventures](https://millionrounds.com/fund/iima-ventures) *Deploying now* Incubator · India **1** **-** median round **Aug 2026** last seen - 15 [Social Alpha](https://millionrounds.com/fund/social-alpha) *Deploying now* Accelerator · India **1** **$1.3M** median round **Aug 2026** last seen - 16 [gradCapital](https://millionrounds.com/fund/gradcapital) *Deploying now* Accelerator · India **1** **$7.1M** median round **Nov 2026** last seen - 17 [13ThrustVal Venture Capital Studio - Mentoring, Funding, and Accelerating Pre Revenue Startups](https://millionrounds.com/fund/13thrustval-venture-capital-studio-mentoring-funding-and-acc) unknown Accelerator · India **none observed** **-** median round **-** last seen - 18 [1to10 Accelerator by Favcy](https://millionrounds.com/fund/1to10-accelerator-by-favcy) unknown Accelerator · India **none observed** **-** median round **-** last seen - 19 [23 Ventures](https://millionrounds.com/fund/23-ventures) unknown Accelerator · India **none observed** **-** median round **-** last seen - 20 [ACIIE - AUD Incubation, Innovation & Entrepreneurship](https://millionrounds.com/fund/aciie-aud-incubation-innovation-and-entrepreneurship) unknown Incubator · India **none observed** **-** median round **-** last seen - 21 [AEGIS CENTRE FOR ENTREPRENEURSHIP](https://millionrounds.com/fund/aegis-centre-for-entrepreneurship) unknown Incubator · India **none observed** **-** median round **-** last seen - 22 [AIC - AARTECH](https://millionrounds.com/fund/aic-aartech) unknown Incubator · India **none observed** **-** median round **-** last seen - 23 [AIC - SMU Technology Business Incubator](https://millionrounds.com/fund/aic-smu-technology-business-incubator) unknown Incubator · India **none observed** **-** median round **-** last seen - 24 [AIC Banasthali](https://millionrounds.com/fund/aic-banasthali-vidyapith) unknown Accelerator · India **none observed** **-** median round **-** last seen - 25 [AIC RNTU Foundation](https://millionrounds.com/fund/aic-rntu-foundation) unknown Incubator · India **none observed** **-** median round **-** last seen **162 more on this list** All 187 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fincubators-accelerators-based-in-india) ## The Newest Cheques Rounds this list's investors joined most recently - **3** Nov **[Armatrix](https://millionrounds.com/company/armatrix)** Seed · $7.1M *With* [gradCapital](https://millionrounds.com/fund/gradcapital) - **29** Oct **[Tensrai](https://millionrounds.com/company/tensrai)** Pre-seed · $357K *With* [India Accelerator](https://millionrounds.com/fund/india-accelerator) - **28** Oct **[Let's Game Now](https://millionrounds.com/company/let-s-game-now)** Other · $3.2M *Led by* [Bestvantage Investments](https://millionrounds.com/fund/bestvantage-investments) - **26** Oct **[Paar Autonomy](https://millionrounds.com/company/paar-autonomy)** Seed · $1.1M *Led by* [AdvantEdge Founders](https://millionrounds.com/fund/advantedge-founders) - **26** Aug **[Brisil Technologies](https://millionrounds.com/company/brisil-technologies)** Pre-seed *With* [IIMA Ventures](https://millionrounds.com/fund/iima-ventures) - **25** Aug **[CarbonStrong](https://millionrounds.com/company/carbonstrong)** Seed · $1.3M *With* [Social Alpha](https://millionrounds.com/fund/social-alpha) ## Stages This Year 8 rounds - Seed **50%** - Pre-seed **38%** - Other **13%** ## What They Backed Sectors, last 12 months - Robotics **3** - Climate Tech **2** - Chemicals & Materials **2** - AI **2** - Gaming **2** - Defence Tech **1** ## Cheques by Quarter Led Joined Q1 25 Q2 25 Q3 25 1 Q4 25 1 Q1 26 Q2 26 2 Q3 26 4 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about incubators and accelerators based in India ### Who are the most active incubators and accelerators based in India? By cheques observed, the most active are GSF, The Morpheus, Catalyzer Startup Accelerator, GHV Accelerator and INVENT. ### How many incubators and accelerators based in India are there? 187 are on record. 4% made an investment in the last 12 months and 2% have led a round. ### Which stages do incubators and accelerators based in India back? Of the rounds with a named stage in the last 12 months, mostly Seed (57%) and Pre-seed (43%). ### How big are the rounds incubators and accelerators based in India join? The typical (median) round among the leading investors here is $1.1M. ### Which sectors do incubators and accelerators based in India back most? In the last 12 months, mostly Robotics, Climate Tech and Chemicals & Materials. ### Which incubators and accelerators based in India lead the most rounds? GSF (1 led), AdvantEdge Founders (1 led) and Bestvantage Investments (1 led). ### What have incubators and accelerators based in India invested in recently? Recent rounds include Armatrix (Seed, Nov 2026, with gradCapital), Tensrai (Pre-seed, Oct 2026, with India Accelerator) and Let's Game Now (Other, Oct 2026, with Bestvantage Investments). ### How is this list of incubators and accelerators based in India ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)