RITES STARTUP

RITES Ltd., an ISO 9001:2015 certified company, is a multi-disciplinary consultancy organization in the fields of transport, infrastructure and related technologies. It provides a comprehensive array of services under a single roof and believes in transfer of technology to client organizations. Investment in Start-Ups in our Core Areas is likely to play an important role in our quest to remain competitive.

RITES has created a corpus to be invested in Start-Ups to support the Government of India (GoI) Start-Up initiative and to generate long term commercial benefits.

Our Mission for Start-Up Initiative is to Identify, Invest and Nurture Start-Ups that can become successful companies in the long run and provide profitable returns from this diversification.

Our 1st round of Solicitation is being launched. Startup proposals may be submitted herewith. Bidders are requested to visit RITES Corporate website “ www.rites.com” to familiarise yourself about the industry segments in which RITES operates for submitting proposals which would be relevant for consideration.

Kindly upload a PDF of the proposal in the link provided below:
Select a file:

Selection Process for funding Start-Ups

Eligibility Screening

RITES will consider Proposals for funding only from those entities that are considered as a Start-Up

1

Shortlisting

The following Broad Criteria will be used for Shortlisting of Start-Up proposal

2

Evaluation

RITES shall evaluate the top rated shortlisted Proposals through a specially formed Committee for the purpose.

3

Approval

RITES reserves the discretion of carrying out Independent Valuation of the Start-up entity before making investments.

4