Research Innovation Incubation Design Laboratory Foundation (riidl Somaiya Vidyavihar) was set up in the year 2010, on its Mumbai campus, by Somaiya Vidyavihar and supported by Somaiya Trust. It was created to drive innovation & entrepreneurship and currently facilitates 39,000+ students and 1800+ faculty in the campus as well as outside.

Registered as a not-for-profit Section 8 Company, riidl has incubation centers, co-working space & lab facilities in the heart of the Somaiya Vidyavihar’s Mumbai campus. Business incubators of riidl Somaiya Vidyavihar are supported by DST, DBT-BIRAC, Government of India & MSInS, Government of Maharashtra. Aspiring entrepreneurs from across India including students, faculty, or researchers—can meet to connect, collaborate, and tap into a vast array of resources to help develop their ideas and inventions into startup companies.

riidl Somaiya Vidyavihar supports the creation and incubation of early-stage companies from ideation to commercialization by providing them with resources, labs, government grants, investor connections, funding and mentorship.

riidl Somaiya Vidyavihar has incubated over 160 startups & facilitated in creating 600+ full time job and internship opportunities with a community of over 750 maker teams / innovator teams with a viewership of more than 104k views from an audience of over 105 countries including 1000+ cities across the globe while the total valuation of startups incubated at riidl Somaiya Vidyavihar is over INR 1226 Cr and revenue generated by the startups is over 290 Cr.

riidl Somaiya Vidyavihar has been bestowed with the National Award for the year 2020 in the Emerging Technology Business Incubator category by the Department of Science & Technology, Government of India.