somesh@sschandak.com
Thane | Mumbai | Bangalore
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Deep-tech startups — AI, biotech, space, semiconductors, advanced materials — get their own lane in India’s startup policy: recognition emphasis, longer runways in scheme design, and evaluation committees that expect scientific substance. The application that wins is the one that proves the technology risk is real and the plan to retire it is credible.

When this service is typically required

  • DPIIT recognition with a deep-tech profile — the recognition guide
  • Scheme applications (seed funds, grants, incubation) need the technical case written for evaluators
  • IP strategy and recognition need to reinforce each other
  • A research-heavy plan needs financials that respect long gestation

Indicative scope

  • Recognition and scheme applications framed for deep-tech evaluation
  • Technical-narrative drafting with the founders’ science, made legible
  • Financial plans that model gestation honestly (grant-stacked runways)
  • IP-position summary aligned with the applications

Key points at a glance

ItemPosition
EvaluatorsCommittees read for technology risk, not buzzwords
RunwayDeep-tech timelines are longer — plans that pretend otherwise fail twice
IPFilings and assignments are evidence of substance
StackingRecognition → schemes → 80-IAC can compound when sequenced

Deliverables

Filed applications with technical annexures, the financial plan, the IP summary, and a sequencing memo for the benefit stack.

Information and documents generally required

Technical documentation and publications/patents if any, team credentials, financials/projections, and the honest state of the technology.

Engagement process

01 · Substance reviewWhat is genuinely deep tech here — stated plainly.
02 · Case buildNarrative + numbers + IP aligned.
03 · FileApplications submitted; queries answered.
04 · SequenceNext benefits queued deliberately.

Client responsibilities, assumptions and reliance

The science is the founders’; the engagement translates it for evaluators without inflating it. Committee outcomes are never assured.

Scope exclusions

Patent drafting/prosecution (handled with IP attorneys under the IPR scope) and equity fund-raising execution.

Frequently asked questions

We use AI — are we automatically deep tech?

Using models is not the same as advancing them — the substance review answers it honestly before positioning is chosen, because misclassification wastes committee credibility.

Do grants really fund deep tech?

Programme design increasingly does, with milestone discipline — the sequencing memo maps which doors your stage can actually open.

How much technical detail goes into applications?

Enough to prove substance without disclosing what should stay protected — the IP summary and narrative are drafted together for exactly that balance.

Can this run alongside a normal fundraise?

Yes — and often should; grant-stacked runways change your negotiating position with equity investors.

Discuss this requirement

The applicable scope, documentation, professional responsibilities and timelines are agreed in an engagement letter before commencement.

DPIIT RecognitionIPR & TrademarkSeed Fund ApplicationsRequest a Scope Discussion

This page describes the service in general terms as on 6 August 2026 and is not professional advice or an assurance of any outcome. Registrations, filings, refunds and departmental outcomes depend on facts and the concerned authority. Figures and due dates change; verify current positions before acting.

FEMA calendar alertThe FLA return for FY 2025-26 fell due on 15 July 2026 — companies and LLPs with FDI/ODI that missed it should file with late submission fee before RBI follow-up.FLA return guide →
Key due dates at a glance — FY 2026-27
ComplianceDueNote
FLA return (RBI)15 July (annual)All entities with FDI/ODI on books
FC-GPR30 days from allotmentFor fresh foreign investment
Valuation report (Rule 11UA / FEMA)Before issue price is fixedMethod and valuer depend on route
ESOP: board/valuation/PAS-3 chainEvent-basedPerquisite TDS on exercise
DPIIT recognitionAnytime (before benefits)Needed for 80-IAC and angel-tax relief

Dates as generally applicable on 15 July 2026; extensions/notifications can change them — confirm current dates before relying.

What's Included

  • Recognition and scheme applications framed for deep-tech evaluation
  • Technical-narrative drafting with the founders’ science, made legible
  • Financial plans that model gestation honestly (grant-stacked runways)
  • IP-position summary aligned with the applications

Our Process

1
Substance review

What is genuinely deep tech here — stated plainly.

2
Case build

Narrative + numbers + IP aligned.

3
File

Applications submitted; queries answered.

4
Sequence

Next benefits queued deliberately.

Get Started

Have questions about this service? Contact us for a free consultation.

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