# Department of Science and Technology

> Department of Science and Technology is a VC fund backing Health Care. See 32 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: New Delhi, India
- Total investments: 32
- Last investment: Feb 2026
- Lead investor: 59%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/29651?trk=tyah&trkInfo=idx%3A2-1-2%2CtarId%3A1425394437867%2Ctas%3ADepartment+of+Science+and+Technology++++
- X (Twitter): https://www.twitter.com/indiadst
- Website: http://dst.gov.in/
- Facebook: https://www.facebook.com/department-of-science-technology-govt-of-india-969734629779302

Department of Science and Technology is a VC fund in New Delhi focused on Health Care and Software. Department of Science and Technology promotes new areas of science and technology and plays the role of a department for organizing, coordinating, and promoting science and technology activities in India. Department of Science and Technology was founded in 1971 and is based in New Delhi, India.

## Contacts

5 contacts available for Department of Science and Technology. Shizune tracks 1 team members at Department of Science and Technology. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/department-of-science-and-technology?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $6k–$387k |
| Grant | $7k–$1.2M |
| Pre-Seed | $24k–$187k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 7 | 22% |
| Software | 5 | 16% |
| Artificial Intelligence | 5 | 16% |
| Information Technology | 4 | 13% |
| SaaS | 3 | 9% |

65 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 22 | 69% |
| Seed | 5 | 16% |
| Pre-Seed | 3 | 9% |
| Funding Round | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 28 | 88% |
| Singapore | 1 | 3% |
| Philippines | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Shri P. S. Acharya | Head & CEO | 0 | https://shizune.co/investors/profile/shri-p-s-acharya |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Reneonix | Reneonix is a Chennai-based deeptech startup specializing in AI-led glass recycling and sustainable waste management solutions. It focuses on transforming glass waste into high-value products through innovative, technology-driven processes that enhance recycling efficiency and reduce environmental impact. | $187K | Pre-Seed | Feb 26, 2026 |  |
| EveoAI | EveoAI is an AI-AR platform. This platform provides personalized guidance, outfit coordination, and stylistic advice based on individual parameters. | $9.5K | Grant | Jul 11, 2024 |  |
| Indian Institute of Technology Hyderabad | Indian Institute of Technology Hyderabad is a school. | $7.3M | Grant | Mar 09, 2024 |  |
| Smaket | Smaket offers a unique solution with its platform by combining multiple cutting-edge technologies and principles into one comprehensive package. By integrating AI, IoT, & Industry 4.0, it’s a combo of hardware and software complex algorithm to seamless/Contactless checkout, Smart Warehouse, smart stores with dynamic display boards by usingAi, IOT with a holistic and integrated solution that addresses various pain points in operations, customer experience, and scalability. This integration allows businesses to leverage the power of these technologies in a unified manner, enabling seamless data insights, enhanced customer interactions, and streamlined processes. Smaket is a cloud-based billing and accounting software that helps small businesses in India. It allows users to create quick invoices with GST, track cash flow, monitor stock levels, get expiry alerts, and more. It is available on both mobile and desktop platforms. Users can access their business data anytime and anywhere with Smaket. It is a quick, easy, and secure way to manage GST and accounting. | $52K | Pre-Seed | Feb 22, 2024 |  |
| GITAM Deemed University | GITAM University is Accredited by MHRD-Government of India, as a premier "A"​ category university & by NAAC with "A"​ Grade. We are a UGC recognized Research University. | $444.6K | Grant | Jun 30, 2023 |  |
| WellRx | WellRx has developed innovative solutions for oil well construction, intervention, and integrated services. |  | Grant | May 17, 2023 |  |
| XYMA Analytics Pvt Ltd | XYMA Analytics is a spin-out from Centre for NDE, IIT Madras and incubated by IIT Madras Incubation Cell. XYMA provides novel ultrasonic sensors and Industrial-IoT solutions to industries using high temperature processes such as refineries, power plants, steel plants and other manufacturing industries. Their sensors provide dense measurementsacross a unit, improving performance and asset life, which is coupled with AI-powered physical models for intelligent support. |  | Grant | May 17, 2023 |  |
| Phool | Phool uses floral waste to make patented organic fertilizer and incense sticks. |  | Grant | May 17, 2023 |  |
| xIoTz Private Limited | xIoTz is the creation of outstanding professional hackers from a variety of fields, by embracing a comprehensive view of cybersecurity, is devoted to fending against ever-increasing cyber threats. |  | Grant | May 17, 2023 |  |
| qZense Labs | qZense Labs is building the next-generation IoT device for quick, accurate and non-destructive internal quality grading of fresh food, enabling retailers to deliver the finest quality fresh food to their customers. |  | Grant | May 17, 2023 |  |

10 of 32 investments shown.

## Co-investors
- [a-IDEA](https://shizune.co/investors/profile/a-idea-naarm) — VC Fund, 1 deal together
- [Biotechnology Industry Research Assistance Council(BIRAC)](https://shizune.co/investors/profile/biotechnology-industry-research-assistance-council-birac) — VC Fund, 1 deal together
- [Government of India](https://shizune.co/investors/profile/government-of-india) — VC Fund, 1 deal together
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund, 1 deal together
- [ITEL](https://shizune.co/investors/profile/itel-ef00) — VC Fund, 1 deal together
- [Ministry of Electronics and Information Technology - MeitY](https://shizune.co/investors/profile/ministry-of-electronics-and-information-technology-meity) — VC Fund, 1 deal together

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## FAQ

### What does Department of Science and Technology invest in?

Department of Science and Technology invests primarily in Health Care, Software and Artificial Intelligence startups, most often at Grant and Seed stage. Most of the 32 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Department of Science and Technology's check size?

Department of Science and Technology typically joins rounds of $6k–$387k at Seed, $7k–$1.2M at Grant and $24k–$187k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Department of Science and Technology participates in.

### How do I contact Department of Science and Technology?

Public channels for Department of Science and Technology include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Department of Science and Technology?

The team at Department of Science and Technology includes Shri P. S. Acharya (Head & CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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