Vardhan Tax

DIPP recognition · DIPP155160

MIDAS LIFECARE INTERNATIONAL PRIVATE LIMITED

Healthcare IT · Mumbai Suburban, Maharashtra · Private Limited Company

Healthcare & LifesciencesHealthcare IT

Recognition fact sheet

Entity name
MIDAS LIFECARE INTERNATIONAL PRIVATE LIMITED
DIPP number
DIPP155160
Entity type
Private Limited Company
Industry
Healthcare & Lifesciences
Sector
Healthcare IT
Location
Mumbai Suburban, Maharashtra

Value proposition

  • We are offering a completely automated process for cancer care planning & delivery.
  • Benefit for
  • Oncologists: Minimal treatment errors, Optimal time per patient, Improved quality of communication & consent documentation.
  • Benefit for patients: Improved compliance due to in-built daily reminders for medications & for monitoring adverse events. Thus, eventually leading to improved cancer treatment outcomes. Our solution is in line with ASCO / ONS Chemotherapy Administration Safety standards (Neuss et al. 2016). Once the treatment provider enters treatment regimen, patient profile and lab reports, the tool automatically provides treatment options based upon pre-fed algorithms, which is unique for each chemotherapy regimen (~400 regimens). The doses are individualized as per blood reports, adverse events, comorbidity and individual risk of emesis, allergy, febrile neutropenia, etc. Automated instructions are sent to pharmacists, nurses & patients.

Incubator / host organisation

Institute of Life Sciences

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)

Explore related startups

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Frequently asked questions

MIDAS LIFECARE INTERNATIONAL PRIVATE LIMITED is listed with DPIIT recognition number DIPP155160. It operates in the Healthcare IT sector and is based in Mumbai Suburban, Maharashtra.
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