Vardhan Tax

DIPP recognition · DIPP54248

SMARTWAY ELECTRONICS PRIVATE LIMITED

Electronics · Patna, Bihar · Private Limited Company

Technology HardwareElectronics

Recognition fact sheet

Entity name
SMARTWAY ELECTRONICS PRIVATE LIMITED
DIPP number
DIPP54248
Entity type
Private Limited Company
Industry
Technology Hardware
Sector
Electronics
Location
Patna, Bihar

Value proposition

  • The idea is proposed to design and develop" Smartway's Primary Health Care Device" , an integrating device of testing Blood Pressure, Body temperature, ECG and Artificial Intelligence based patient's Digital stethoscope for examining patient's Heart, Lung and Abdomen abnormality as well as Pulse Oximeter and IR thermometer . The Pulse oximeter will give percentage of Oxygen in the blood (SPO2 Level) and Heart Beat rate whereas IR thermometer will test patient's body temperature in real time. The proposed idea will be very useful for primary health care centers where any medical professionals can do these tests and report to the doctor. They can send results of the patient to the doctor even by internet and through Mobile App in Bluetooth network. In the covid19 time, moderate or non-serious home quarantine patient may check this regularly by them, send the report to the doctor in real time and may take online help of the doctors for medication and medicinal advice.

Incubator / host organisation

Bangalore Bioinnovation Centre

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

SMARTWAY ELECTRONICS PRIVATE LIMITED is listed with DPIIT recognition number DIPP54248. It operates in the Electronics sector and is based in Patna, Bihar.
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