HM
Hyundai Motor India Limited

Hyundai Innovation Challenge 2026

Pays startups a PoC grant to co-develop mobility and automotive tech with Hyundai.

Between cyclesHyundai Motor India LimitedIndia

Over a 6-month program, selected startups co-develop real-world proof-of-concepts with Hyundai's HMC, HMIL and HMIE teams, using Hyundai's market access, R&D and technical infrastructure. Hyundai pays a grant for the proof-of-concept work, with potential testing and validation opportunities, follow-on investment and market exposure. The 2026 edition's applications are already closed.

Hyundai is looking for startups with cutting-edge solutions in electrification, new mobility, connectivity, ADAS and AI-driven vehicle tools, plus manufacturing and logistics themes like shop-floor automation, EV-charging monitoring and real-time vehicle tracking. Most of the listed problem statements are framed around India-specific road, traffic and operating conditions.

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.6 months
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.-

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