PA
HDFC Bank Parivartan

ArthX – HDFC Parivartan

Grants up to INR 10 lakh to revenue-stage Punjab startups building sustainability solutions.

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AIC ISB runs the program in partnership with HDFC Bank's Parivartan CSR initiative, drawing on a total grant corpus of INR 1 crore. After a call for applications and two Punjab roadshows, the top 25 shortlisted startups pitch before a jury on Pitch Day, and grants are disbursed to the winners shortly after.

The ArthX program funds revenue-stage startups based in or with significant operations in Punjab that work on sustainability: climate action, waste management, circularity, renewable energy and efficiency, sustainable agriculture, and sustainable materials or green manufacturing. Applicants need a validated product, active customers or revenue, and a clear plan to scale.

CycleiHow often this grant runs - e.g. annually, on a rolling basis, or a one-off call.No fixed schedule
Next deadlineiThe next date applications are due. Rolling means you can apply any time.-
Decision timeiTypical time from the deadline to the funder's decision.-
Project durationiHow long the funded work is expected to run.-
Award typeiThe form of funding - grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.-
Funding pooliThe total budget available across all awards in this round.₹10M

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