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Funding Success Story: AI Blockchain App Wins ₹2.4L I-Start Grant

Funding Success Story: AI Blockchain App Wins ₹2.4L I-Start Grant

The Indian startup ecosystem is witnessing a massive rise in deep-tech innovations powered by Artificial Intelligence, Blockchain, Automation, and Data Intelligence. Among the emerging innovators, AI Blockchain App Development Pvt Ltd has achieved a major milestone by securing a ₹2.4 lakh government grant under the I-Start Rajasthan program.

This funding success story highlights how the company transformed a visionary product concept into a government-supported project—proving that deep-tech startups can thrive with the right grant funding, documentation, and pitch support.

This story is also a perfect example of how founders can learn how to find grant funding, how to get grant funding, and how to ask for grant funding using the right strategies.

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About the Company: AI Blockchain App Development Pvt Ltd

The startup is building a next-generation automated solution that uses:

  • Blockchain for transparency
  • AI for automated decision-making
  • Machine learning for data predictions
  • Smart contracts for secure transactions
  • Real-time system intelligence

The goal is to solve modern-day industry problems like fraud detection, process automation, secure transactions, and smart data-driven operations.

This strong innovation foundation played a big role in helping them secure I-Start grant funding.

Why This Innovation Mattered

Most industries today struggle with:

  • Data manipulation
  • Lack of transparency
  • Manual processing
  • Human errors
  • System inefficiency

AI Blockchain App Development Pvt Ltd created a combined AI + Blockchain model that eliminates these issues. This high-value proposition increased their eligibility for grant schemes and strengthened their application.

Journey to the Grant – How the Startup Prepared for Funding

The founders took the right steps before applying for the I-Start program:

  • Created a clear problem–solution document
  • Developed a working prototype
  • Highlighted innovation impact
  • Prepared a detailed pitch deck
  • Showed technical feasibility
  • Demonstrated early market need

Funding Achievement – ₹2.4 Lakh I-Start Grant Approved

The startup received:

  • Grant Scheme: I-Start Rajasthan
  • Grant Stage: Ideation
  • Grant Type: Government (Non-Equity)
  • Funding Amount: ₹2,40,000
  • Scheme Type: Govt. Grant Funding

This amount helps innovators validate their concept without giving away equity, making it one of the most attractive grant funds for early-stage startups.

About the I-Start Rajasthan Program

The I-Start scheme is one of India’s most powerful government grant programs that supports:

  • Ideation stage startups
  • Prototype development
  • Technology validation
  • Deep-tech innovations
  • Early-stage founders

Why Non-Equity Grants Matter for Startups

Early-stage founders often struggle with:

  • Limited capital
  • Need for prototype development
  • High technology costs

Government non-equity grant funds solve these problems by providing:

  • 100% financial support
  • No equity dilution
  • Zero repayment
  • Full creative freedom

This is why grant funding has become the preferred way for deep-tech founders to start and scale.

How StartupFlora Helped AI Blockchain App Secure the Grant

As shown in the funding poster, StartupFlora provided full-stack support:

  • Financial Documents Preparation
  • Pitch Deck Designing
  • Application Assistance
  • Interview Preparation
  • Scheme Matching & Eligibility Check

This complete support helped the startup present a strong application that stood out during evaluation.

StartupFlora specializes in helping founders understand:

  • How to find grant funding sources
  • Which government scheme fits their startup
  • How to ask for grant funding professionally
  • How to prepare documents for grant funding

With over 10,000+ startups guided, StartupFlora has become a trusted partner in government funding assistance.

Key Reasons Behind the Funding Approval

The I-Start committee approved the grant based on:

  • Strong innovation in AI & Blockchain
  • Clear impact on digital transformation
  • Well-prepared application
  • Strong documentation support
  • Vision to build scalable solutions

How the Grant Will Help the Startup Grow

The ₹2.4 lakh grant will support:

  • Prototype development
  • Beta testing
  • R&D enhancement
  • Infrastructure setup
  • Technology deployment
  • Hiring skilled developers

This funding strengthens their future roadmap.

India’s Push Towards AI, Blockchain & Deep-Tech Innovation

India is actively promoting:

  • AI innovation
  • Blockchain governance
  • Crypto-security frameworks
  • Digital public infrastructure
  • Data automation systems

This makes it the perfect time for deep-tech startups to apply for grant funding and build scalable solutions.

Opportunities for Other Startups to Get Grant Funding

If you are a founder searching for:

  • Global green grant fund opportunities
  • Grant funding for nonprofits
  • Backward region grant fund UPSC schemes
  • Technology innovation grants
  • How to find grant funding sources

then StartupFlora can help identify the right programs for you.

How to Apply for Government Grants (Simple Steps)

  • Step 1: Identify your scheme
  • Step 2: Prepare your pitch deck
  • Step 3: Create prototype or proof of concept
  • Step 4: Submit documents
  • Step 5: Attend interview
  • Step 6: Approval & Fund disbursement

This simplified process allows founders to apply with confidence.

Why Grant Funding Is Essential for Deep-Tech Founders

Deep-tech is expensive. Grants help you:

  • Build without pressure
  • Validate before raising VC
  • Avoid equity dilution
  • Develop high-tech tools at zero financial risk

This is exactly what helped AI Blockchain App succeed.

Conclusion

The story of AI Blockchain App Development Pvt Ltd is not just about winning ₹2.4 lakh.
It’s about proving that:

  • Innovation gets recognized
  • Good documentation wins grants
  • Government supports deep-tech founders
  • Grant funding accelerates startup growth

With the right strategy and expert guidance, any startup can turn its idea into a government-backed innovation.

FAQs

1. How to find grant funding for startups?

Search government schemes, state-level programs, CSR grants, and global funds.

2. How do I ask for grant funding professionally?

Prepare a strong pitch deck, show impact, highlight innovation, and present clear documentation.

3. What is the backward region grant fund in UPSC topics?

It is a central scheme aimed at improving development in backward districts.

4. Which global grants are available?

Programs like Global Green Grant Fund and international CSR initiatives support various sectors.

5. Can tech startups get grants without revenue?

Yes. Many grants support ideation stage and prototype development.

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