The Lakshya Prayas Fund is a government-backed initiative aimed at empowering early-stage startups and youth-led enterprises by providing equity funding and mentorship. Focused on innovation, sustainability, and socio-economic impact, the fund bridges the gap between ideation and execution. It encourages entrepreneurs—especially from Tier-II and Tier-III cities—to scale their ventures with financial support, strategic guidance, and industry linkages. The scheme helps turn ideas into viable businesses, fostering job creation, inclusive growth, and a robust startup ecosystem in India.
✔ Equity Support: Provides early-stage funding to startups, reducing financial constraints and enabling growth.
✔ Focus on Youth and Innovation:Targets young entrepreneurs with disruptive ideas, especially from underserved regions.
✔ Mentorship Access:Startups receive guidance from industry experts and accelerators to refine business models.
✔ Boosts Regional Startups: Encourages innovation outside metro cities by supporting Tier-II and Tier-III startups.
✔ Employment Generation: Helps startups expand, creating jobs and contributing to local economies.
✔ De-risking for Investors:Government backing increases credibility and reduces perceived investment risk.
✔ Sector-Agnostic Support:Open to startups across diverse sectors including agritech, healthtech, edtech, sustainability, and more.
1. Startup Registration Certificate :Recognition under DPIIT or any startup mission.
3. Detailed Business Plan or Pitch Deck : Including problem statement, solution, business model, and market strategy.
5. Bank Details of Startup :Canceled cheque and bank statement for fund transfer.
7. Technology or IP Ownership Proof (if any) :For ventures based on proprietary solutions.
2. Founder’s KYC Documents : PAN, Aadhar, and other identity/address proofs.
4. Financial Statements/Projections : Existing financials and future growth forecasts.
6. Shareholding Pattern (Cap Table) :Details of equity distribution among founders and investors.
8. Company PAN & Incorporation Certificate :Issued by the Registrar of Companies.
it means real leads, loyal customers, and unstoppable growth.
Nexlio Startup was created with the goal of supporting Micro, Small, and Medium Enterprises (MSMEs) by helping them navigate government schemes that can drive business growth.
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