IIT Bombay Eureka! 2025: Asia’s Biggest Startup Competition Returns

IIT Bombay Eureka! 2025: Asia’s Biggest Startup Competition Returns

Eureka! 2025 by IIT Bombay’s E-Cell offers a transformative five-month program for early-stage startups, featuring Rs 2 crore in prizes, expert mentoring, and venture capital access. Applications by August 10.

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India’s premier startup launchpad, Eureka! 2025, organised by IIT Bombay’s Entrepreneurship Cell (E-Cell), is back for its 28th edition. Recognized as Asia’s largest student-run entrepreneurship competition, it aims to empower early-stage founders through a transformative five-month program, culminating at the grand E-Summit in December 2025. With prizes worth Rs 2 crore, personalised mentoring from over 300 startup experts, and exclusive access to 50+ leading venture capital firms, Eureka! continues to be the most coveted platform for budding entrepreneurs across India and beyond.

Transforming Ideas into Impactful Ventures

Since its inception, Eureka! has nurtured grassroots innovation, backed by prestigious global institutions such as UNESCO, Make in India, Startup India, and Digital India. This competition focuses on startups at the ideation and MVP stages, providing tailored, sector-specific guidance through one-on-one mentoring sessions, immersive workshops, and direct links to prominent incubators and investors.

In 2024 alone, Eureka! witnessed overwhelming participation with over 25,000 entries from India and international entrants. Startups undergo a rigorous three-round evaluation, supported by expert mentorship, to refine their business models and investment readiness.

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What’s New and Exciting in Eureka! 2025?

The 2025 edition is themed around eight specialised tracks, designed to cater to diverse startup domains with the backing of an extensive network of partners and sponsors. Notable supporters include Technosoft Engineering Solutions, WestBridge Capital, BPCL, FedEx, Voltas, and UoT India Foundation. Additional backing comes from EarthON Foundation, Emil Pharma, and Tattva by Somany Impressa Group.

Government partnerships are broad and cover Startup India, MeitY Startup Hub, and numerous state startup missions such as T-Hub, iStart Rajasthan, Startup Karnataka, MSINS, We Hub, and Startup Bihar. This collaborative ecosystem ensures participants gain well-rounded support at every stage of their entrepreneurial journey.

Competition Structure: Building Startups Step-by-Step

Eureka! 2025’s multi-round format is carefully designed to help founders develop robust and scalable business models:

  • Round 1: Founders attend on-stage mentoring sessions to create a foundational business model canvas, focusing on ideation clarity.
  • Round 2: Shortlisted teams participate in targeted workshops and receive expert mentoring on product-market fit, product development, and fundraising strategies.
  • Round 3 (Final): Finalists engage in an intensive three-day accelerator program before pitching at the E-Summit scheduled at IIT Bombay in December 2025.

Past mentorship has featured influential entrepreneurs like Kanchi Daiya (Indian Angel Network), Amit Jain (StartupBay), and Piyush Surana (Tomorrow Capital), while jury members have included Rajesh Mane (9Unicorns) and Reshma Jhaveri (Venture Catalysts), providing invaluable industry insights.

Global Opportunities and Tangible Outcomes for Winners

Beyond substantial prize money, Eureka! winners benefit from critical startup resources such as platform credits and tools from MSG91, Clevertap, GitHub, and Zendesk. They also gain access to direct funding opportunities from leading venture capitalists including 100X.VC, 3one4 Capital, Equirus Capital, TDK Ventures, IIMA Ventures, and Ankur Capital.

Notably, the competition’s international scope has expanded with startups from six GCC countries — including UAE, Saudi Arabia, Bahrain, and Qatar — competing in a parallel track. Top GCC winners receive an all-expenses-paid trip to Dubai to pitch at the Eureka! GCC finals, where a $100,000 prize pool awaits, opening doors to global investors and markets.

Proven Startup Successes and Incubator Access

Eureka! alumni have made significant waves, featuring startups like P-TAL, Sputnik Brain, Dehaat, BlisCare, Jeevan Lite, SPARC, MyWays, DocEye, Curomates, and AI-Genix. Several showcased their innovations at the Indian Pavilion during Dubai EXPO 2020, where startups such as BlisCare, DocEye, Curomates, and AI-Genix secured funding from international investors.

Further support includes seamless access to elite incubators such as SINE IIT Bombay, NSRCEL IIM Bangalore, T-Hub, Razorpay Rize, FITT IIT Delhi, EvolveX, and iCreate — offering startups mentorship, infrastructure, and growth opportunities.

Join Asia’s Biggest Business Model Competition Today

With India’s entrepreneurial ecosystem evolving at a rapid pace, Eureka! 2025 remains the definitive platform for student founders, first-time entrepreneurs, and early-stage startups looking to scale. From expert feedback and capital infusion to international exposure and credibility, the competition equips participants with the essentials to transform promising ideas into scalable businesses.

Don’t miss your chance to participate. The application deadline is August 10, 2025. Register now and be a part of India’s next wave of startup success stories!

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