IIMA Ventures

CIIE.CO, often referred to as IIMA Ventures, stands as a prominent innovation and entrepreneurship center based at the Indian Institute of Management Ahmedabad (IIMA). Established with a mission to foster a vibrant startup ecosystem in India, it operates as a comprehensive platform encompassing incubation, acceleration, and seed-stage funding. The organization strategically targets diverse sectors, including information technology, cleantech, healthcare, education, financial inclusion, and agritech, reflecting its commitment to addressing critical societal and economic needs through innovation.

IIMA Ventures primarily focuses on early-stage ventures, providing crucial capital, strategic mentorship, and extensive network access to budding entrepreneurs. It manages various specialized funds and initiatives, such as the Bharat Innovation Fund and Infuse Ventures, which cater to different stages of growth and specific industry verticals. These programs are designed to not only inject financial resources but also to equip startups with the necessary tools and guidance to scale their operations and achieve sustainable growth in competitive markets.

Over the years, IIMA Ventures has made a significant impact on the Indian startup landscape. It has successfully supported over 1,000 entrepreneurs and invested in more than 150 startups, demonstrating its extensive reach and commitment to nurturing groundbreaking ideas. For its initial investments, IIMA Ventures typically provides first cheques ranging from approximately $30,000 to $240,000 (equivalent to INR 25 lakhs to INR 2 crores), primarily targeting pre-seed to seed-stage companies. This early-stage capital is instrumental in helping startups develop their minimum viable products, conduct market validation, and secure subsequent rounds of funding, solidifying IIMA Ventures' role as a foundational pillar for innovation in India.