Vardhan Tax

DIPP recognition · DIPP190803

FYSIKOS IYSEIS PRIVATE LIMITED

Pharmaceutical · Bengaluru Urban, Karnataka · Private Limited Company

Healthcare & LifesciencesPharmaceutical

Recognition fact sheet

Entity name
FYSIKOS IYSEIS PRIVATE LIMITED
DIPP number
DIPP190803
Entity type
Private Limited Company
Industry
Healthcare & Lifesciences
Sector
Pharmaceutical
Location
Bengaluru Urban, Karnataka

Value proposition

  • We are using natural fibers and materials that are fully bio-degradable. Thus, proposed process will help reduce environmental impact. With usage of natural fibers and carefully chosen top-layer, it is less likely to cause skin-related issues as it has been tested to possess anti-microbial properties. Raw material used here is usually a waste and a byproduct of popularly grown products by local farmers. Thus, usage of such will ensure sustainability and will also help farmers financially. Commercially available sanitary napkins contains non-biodegradable SAP which is known to cause adverse health effects including cancer. This risk is totally eliminated in our proposed technology by replacing it with a biodegradable SAP. The use of natural fiber based pulp also reduces the dependency on largely imported wood pulp in India, which constitutes approximately 2% of our Gross Domestic Product (GDP). As part of this initiative, we also intend to create job opportunities in rural India.

Incubator / host organisation

ASSOCIATION FOR INNOVATION DEVELOPMENT OF ENTREPRENEURSHIP IN AGRICULTURE

Steps to get DPIIT startup recognition

A practical end-to-end map from incorporation to your DIPP number — the same recognition shown on profiles in this directory. Timelines vary by sector and document readiness; use this as a checklist, not a government processing guarantee.

  1. Incorporate your venture

    Register a private limited company, LLP, or partnership firm with MCA. Collect your CIN/LLPIN, PAN, and basic KYC — these are referenced throughout the Startup India journey.

  2. Create your Startup India profile

    Sign up on the Startup India portal with your business email. Complete the organisation profile, authorised representative details, and link your registered entity.

  3. File the DPIIT recognition application

    Choose “Startup Recognition”, describe your product or service, sector, and how you use technology. Upload incorporation documents, brief pitch deck or note, and supporting declarations.

  4. Department review & clarifications

    DPIIT may request clarifications on scalability, innovation, or documentation. Respond promptly through the portal — delays here are the most common reason recognition timelines stretch.

  5. Receive DPIIT recognition (DIPP number)

    Once approved, download your recognition certificate and note your DIPP number. You can then access Startup India benefits, incubator programmes, and schemes such as SISFS (subject to each scheme’s rules).

  6. Plan compliance & growth milestones

    Align GST, labour, and sector licences with your stage. If you are pursuing seed funding, keep proof-of-concept milestones documented — incubators evaluate traction alongside your recognition status.

Official recognition is granted only through Startup India (DPIIT). Vardhan Tax can help with incorporation and compliance around your application — not with government approval itself.

Startup India Seed Fund Scheme (SISFS) — how much funding is available?

DPIIT-recognised startups may apply for the Startup India Seed Fund Scheme through eligible incubators (not directly as individuals). Amounts and eligibility are set by government guidelines — always confirm the latest rules on the official portal.

Grant component

Up to ₹20 lakh

Proof of concept · prototype · product trials

  • Milestone-based grant instalments (prototype, testing, market-ready product)
  • Typically used for proof of concept and product trials
  • No equity dilution for the grant component

Investment component

Up to ₹50 lakh

Market entry · commercialisation · scale-up

  • For market entry, commercialisation, or early scaling
  • Structured as convertible debentures, debt, or debt-linked instruments
  • Evaluated by the incubator alongside your traction and business plan

Common eligibility themes (summary)

  • DPIIT recognition and incorporation within the scheme's age window at application time
  • Technology-led product or service with commercialisation potential
  • Limits on prior central/state monetary support (excluding certain prizes and facilities)
  • Applications routed through incubators on the Startup India seed fund portal

Sources: SISFS overview (https://seedfund.startupindia.gov.in/about) · Official FAQ (https://seedfund.startupindia.gov.in/faq)

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Frequently asked questions

FYSIKOS IYSEIS PRIVATE LIMITED is listed with DPIIT recognition number DIPP190803. It operates in the Pharmaceutical sector and is based in Bengaluru Urban, Karnataka.
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