The Startup Accelerator of MeitY for Product Innovation, Development, and Growth (SAMRIDH) programme, designed to accelerate around 300 Startups through existing and upcoming Accelerators in Health-tech, Ed-tech, Agri-tech, Consumer-tech, Fin-tech, Software as a Service (SaaS) and sustainability sectors. The programme successfully concluded on 31^st January, 2026.

During the last five years, 7 accelerators from the State of Andhra Pradesh submitted Expressions of Interest (EoI) under the SAMRIDH programme. Of these, one accelerator each was from Ananthapuramu, Guntur and West Godavari districts, while four accelerators were from Visakhapatnam district. Out of these, one accelerator, namely Kalpataru Centre of Excellence (CoE) by AIC STPINEXT Initiatives, located in Visakhapatnam district, was selected for implementation of the programme.

Under SAMRIDH programme, MeitY Start-up Hub (MSH) under Digital India Corporation (DIC) monitors and evaluates the performance of selected accelerators based on quantitative and qualitative parameters of the acceleration programme, which also tracks revenue and valuation growth of supported startups on an annual basis.

The SAMRIDH programme provides financial support of ₹2 lakh per startup to selected accelerators, along with matching funding to startups up to a maximum of ₹40 lakh, in accordance with programme guidelines. In Andhra Pradesh, 5 startups were selected and supported through the selected accelerator, Kalpataru Centre of Excellence (CoE), Visakhapatnam. The startups supported are as under:

 

Selected Accelerator	Startups
Kalpataru Centre of Excellence (CoE), AIC STPINEXT, Visakhapatnam	i. Aerogravity Private Limited
	ii. Cairovision Private Limited
	iii. Epsum Labs Private Limited
	iv. Scraptechies Solutions Private Limited
	v. Voptimaise Climate Tech Solutions Private Limited

 

Further, an amount of ₹1.81 Cr was allocated and disbursed to the selected accelerator Kalpataru Centre of Excellence (CoE), AIC STPINEXT, Visakhapatnam.

This information was submitted by Union Minister of State for Electronics and Information Technology Shri Jitin Prasada in Rajya Sabha on 07.08.2026.

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Vinod Kumar / Kanishk Sharma

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