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IIMA Ventures

Accelerator

Ahmedabad · Pre-Seed–Seed · 75 people tracked

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4,253 people in our graph share verified history with the IIMA Ventures team — schools, employers, funds. One of them is your warm intro.

Alex Tranunlockedknows Anirudh Singh · together at Spinny (overlapped)
×2knows the team · via General Atlantic
×7knows the team · via The Wharton School
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Investment thesis

IIMA Ventures backs fearless early-stage entrepreneurs building disruptive solutions, standing with startups at their riskiest earliest stages when support is scarce. It provides physical incubation infrastructure, training, tailored acceleration workshops and coaching, plus data-driven research and learning resources. The organization focuses across three broad areas: deeptech and innovation-first ventures built from India for the world, digitally inclusive solutions serving India's next half billion, and climate-focused ventures tackling climate change. Established at IIM Ahmedabad as a Centre of Excellence, it positions itself as the epicentre of an innovation continuum spanning incubation, acceleration and insights.

Source: firm website, verified Aug 27, 2026.

Stage
Pre-Seed–Seed
HQ
Ahmedabad, IN
Founded
2002
Last 12 months
2 investments
Portfolio companies
164

Team · 75 people

from the firm's website & curated & public directories
Supriya Sharma· Partner - Insightsin
Aashna Sheth· Sr. Associate - Seed & Accelerationin
Adhwant Mishra· Analyst - Seed & Accelerationin
Aditya Dwivedi· Associate - Seed & Accelerationin
Aditya Gupta· Analyst - Legal
Ankur Sinha· Faculty - IIM Ahmedabad; Board Member - CIIEI & CRIFin

Faculty member at IIM Ahmedabad and board member of CIIEI and CRIF.

Apaara Mehta· Analyst - Seed & Acceleration
Asmita Punia· Sr. Manager - Partnerships
Bharat Bhasker· Director - IIM Ahmedabad; Board Member - CIIEIin

Director of IIM Ahmedabad and board member of CIIEI.

Geeta Goel· Managing Director - MSDF; Board Member - CIIEIin

Managing Director at MSDF and board member of CIIEI.

Ghazal Goyal· Sr. Manager - Marketing & Eventsin
Hetal Chauhan· Analyst - Accounts
Hiten Lakum· Office - Supportin
Jignesh Joshi· Office - Supportin
Kunal Pandya· Office - Supportin
Neeraj Jain· VP - Administrationin
Nikita Kukreja· Executive - Marketingin
Ojas Deshpande· Analyst - Seed & Acceleration
Pratik Yagnik· Sr. Manager - Programsin
Priya Mishra· Analyst - Insightsin
Ram Motwani· VP - Seed & Accelerationin
Roshan Daniel· Sr. Manager - Finance & Accountsin
Rusha Mewada· Associate - Events & Opsin
Sanjay Vaghela· Office - Support
Saumya Bazaz· Associate - Legalin
Shilpa Jain· Manager - Programsin
Soham Karia· Analyst - Seed & Acceleration
Sreerag Marar· Manager - Legalin
Sreshtha Majumdar· Analyst - Insightsin
Sunil Sharma· Faculty - IIM Ahmedabad; Board Member - CIIEIin

Faculty member at IIM Ahmedabad and board member of CIIEI.

Tanvi Maheshwari· Sr. Associate - Seed & Accelerationin
Vaibhav Vashishtha· AVP - Portfolioin
Yashika Tanwar· Analyst - Insightsin

Founder mafia

2 people who came through IIMA Ventures went on to found or lead other companies.

What they invest in

from 115 of 164 portfolio companies

Fintech ×26SaaS ×26AI & Machine Learning ×25Consumer ×24AgTech ×17E-commerce ×17Impact & Social Good ×17Cleantech ×15

HQs:India×80United States×3Cyprus×1Denmark×1

Who they back

founder profiles across 49 portfolio companies
61%
solo founders
30 of 49 mapped founding teams
45%
repeat founders
of 60 founders with career history

Founding team size:solo founder×302 founders×133 founders×34+ founders×3

Where their founders studiedfrom 55 founders with education data

Indian Institute of Management Ahmedabad ×6Clemson University ×2Indian Institute of Management, Calcutta ×2Indian Institute of Technology, Bombay ×2Indian Institute of Technology, Roorkee ×2Kendriya Vidyalaya ×2National Institute of Technology Raipur ×2Stanford University ×2

Where their founders worked beforefrom 60 founders with career history

Deutsche Bank ×3Goldman Sachs ×3HDFC Bank ×3Ey ×2ISRO - Indian Space Research Organization ×2Oil and Natural Gas Corporation Ltd ×2Royal Academy of Engineering ×2Royal Sundaram Alliance Insurance Company Limited ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×2Y Combinator ×2

2 founders hold a PhD · 14 hold an MBA (of 62 with degree data)

Portfolio companies · 164 tracked

alumni founders can tell you what the program is really like

By year:2026 · 22025 · 22019 · 15 dated

Nabhdrishti Aerospacenabhdrishti.in✓ verified

Nabhdrishti Aerospace develops indigenous micro gas turbines, including its ND 400 (400 N) fuel-flexible engine, for use in aviation (UAVs, hybrid-electric flight, small planes and helicopters) and distributed power generation.

Deep TechEnergyHardwareBangalore, IN

Arjun Srivatsa(Chief Operating Officer)in

Co-investorsAccel

Aggioaggio.ioin𝕏Jan 2019

Aggio provides cloud-based SaaS platforms for sales and market intelligence in the agriculture and animal health industries, including a commercial sales platform for ag companies and a diagnostics platform for labs, vaccine manufacturers, and producers.

AgTechSaaSSales TechSt. Louis, US

Saurabh Bharadwaj(Executive Officer)inDimitri Popov(Executive Officer)

Co-investorsCultivation Capital

Agnikulagnikul.inin𝕏

Agnikul Cosmos designs and manufactures orbital-class launch vehicles, including 3D-printed rocket engines, to provide customizable small-satellite launch services.

Deep TechHardwareSpace TechChennai, IN

Srinath Ravichandran(Founder)inMoin SPM(Founder)in

Co-investorsSpeciale InvestAnicut CapitalCelesta CapitalCelesta CapitalDholakia VenturesFundamental VC+9 more

AGRICTOOLSagrictools.comin

Agrictools operates an online marketplace connecting retailers and agricultural businesses with spare parts vendors for farm machinery and equipment across India.

AgTechB2B MarketplacesE-commerceMarketplacesRetail TechIndia, IN

Agrogradeagrograde.comin

Agrograde builds AI-powered optical grading and sorting machines for fresh produce packhouses, using computer vision to detect quality defects and standardise grading at commercial line speeds.

AgTechAI & Machine LearningRoboticsPune, IN

Kshitij Thakur(Founder)in

Amplygetamply.coin

Amply is a store operations platform that moves daily retail workflows from paper and spreadsheets into a single app, offering task checklists, scheduled SOPs, digital store visit audits, a communication feed, and AI-powered image verification for visual merchandising.

AI & Machine LearningRetail TechSaaS

Anshul Goyal(Founder)in

AMRITATVAamritatva.comin𝕏

Amritatva makes mushroom-based and sattu-based food products—such as oyster/shiitake mushroom powders, dried mushrooms, and sattu protein mixes—free from maida, MSG, and artificial preservatives.

ConsumerDirect to ConsumerWellness & FitnessJaipur, IN

Manveer Singh Shekhawat(Founder)inPreeti Rathore(Founder)in

Anniyamanniyam.com

Manigandan Vediappan(Founder)in

ApnaGodamapnagodam.comin𝕏

ApnaGodam operates an agri-trade platform offering scientific warehousing, an online commodity trading marketplace, warehouse-receipt financing through its NBFC, and agri-logistics with real-time trip tracking.

AgTechB2B MarketplacesFintech

Sanjay Agarwal(Founder)in

Arboreumarboreum.dev
Avidia Labsavidialabs.com
Awaazawaaz.dein𝕏

Awaaz.De operates a voice-based communication platform that enables content distribution and data collection for rural and underserved communities in India, particularly targeting small farmers and development sector applications.

AgTechData & InfrastructureDigital HealthEnterprise SoftwareFintechGovTechImpact & Social GoodIoTSaaSAhmedabad, IN

Dr. Neil Patel(Co-founder & CEO)Dr. Tapan Parikh(Co-founder)

Balwaan Krishibalwaan.comin𝕏

Balwaan Krishi is an Indian brand that sells agricultural machinery and farming equipment online, including power weeders, brush cutters, sprayers, power reapers, water pumps, chainsaws, earth augers, dairy machines, and rice mills.

AgTechE-commerceHardware

Rohit Bajaj(Founder)in

Basilbasil.soin𝕏Feb 2026 · $2M

Basil provides a platform to manage freelancer hiring and administrative tasks, handling onboarding, contracting, tax documentation, and payments for businesses.

Future of WorkHR TechSaaSNew York City, US

Harshita Kejriwal(Founder)in

Co-investorsTechstarsGolden VenturesHearst VenturesPrime Venture Partners

Bebe Foodsbebefoods.comin𝕏

Bebe produces natural sugar sachets made using traditional methods for use in beverages and desserts.

Direct to ConsumerE-commerceFoodTechImpact & Social GoodMuzzafarnagar, IN

BharatRohanbharatrohan.in

Rishabh Choudhary(Founder)inAmandeep Panwar(Founder)in

Blackboardradioblackboardradio.com
Braingroombraingroom.comin𝕏

BrainGroom operates a platform that connects learners with employers and educational opportunities.

AI & Machine LearningB2B MarketplacesEdTechFuture of WorkIndia, IN

Bridge2Capitalbridge2capital.comin𝕏

Bridge2Capital, operated by Xtracap India, is a mobile app that provides supply chain financing to small business owners and MSMEs using a reverse factoring model, paying suppliers directly and letting shopkeepers repay later.

B2B MarketplacesFintechImpact & Social GoodSaaSGurugram, IN

Bumblebeebumblebeespaces.comin

Robotics furniture startup designed to change the way of living.

Co-investorsCanaan PartnersLoup VenturesUpHonest CapitalVU Venture PartnersBloomberg BetaInertia Ventures+3 more

Camelcharismacamelcharisma.com

Camel Charisma advocates for camel livestock keepers and promotes camel milk as a nutritional and nutraceutical product, facilitating its distribution through logistics partnerships within cities.

AgTechCircular EconomyFoodTechImpact & Social GoodRajasthan, IN

Hanwant Singh Rathore(Founder)Dr. Ilse Köhler-Rollefson(Co-founder)

Cancriecancrie.coin𝕏Jan 2025 · $1.2M

Cancrie develops advanced nanocarbon materials for battery applications, enhancing energy storage performance and longevity.

Advanced ManufacturingCleantechClimate TechEnergyNew MaterialsJaipur, IN

Akshay Jain(Founder & CEO)inMahi Singh(Founder & COO)in

Co-investorsRoots VenturesTechstarsSAGANA

Carbon Trailcarbontrail.netin𝕏

Carbon Trail provides AI-powered analytics to fashion brands and retailers to measure, track, and reduce environmental impact across their supply chains.

AI & Machine LearningClimate TechEnterprise SoftwareSaaSCopenhagen, DK

Carmel Organicscarmelorganics.in𝕏

Carmel Organics supplies certified organic herbs and spices in whole, powdered, and tea bag cut forms, offered with packaging options such as cardboard boxes, HDPE drums, and retail pouches.

AgTechE-commerceFoodTechImpact & Social GoodWellness & Fitness

Co-investorsAnkur Capital

Cattlemettlecattlemettle.com
Cell Propulsioncellpropulsion.comin𝕏

Cell Propulsion develops full-stack technology for electric and autonomous commercial vehicles, including EV powertrains, energy storage systems, fleet management software, and vehicle autonomy.

CleantechMobility & TransportationRoboticsBengaluru, IN

Nakul Kukar(CEO & Co-Founder)inParas Kaushal(COO & Co-Founder)inSupratim Naskar(Chief Technical Officer)in

Co-investorsMerak VenturesCapital-A

ChitMonkschitmonks.comin𝕏

Chitmonks develops software for managing chit funds, a traditional savings and lending system.

Crypto & Web3FintechSaaS

Pavan Adipuram(Founder & CEO)Malla Reddy(Founder & CTO)Sridhar Reddy(Founder & CIO)

Clean Electriccleanelectric.inin𝕏

Clean Electric develops hardware and software solutions for energy storage systems, managing battery design, deployment, and lifecycle management to support the transition to renewable energy.

CleantechEnergyHardwareMobility & TransportationBangalore, IN

Co-investorsInfo Edge VenturesKalaari Capitalpi Ventures

Climate Techregrip.inin

REGRIP India refurbishes and retreads discarded tyres using quality-grade rubber, offering re-engineered tyres at roughly half the cost of new ones.

Circular EconomyCleantechMobility & Transportation

Tushar Suhalka(Founder)

Co-investorsSprint Vc

Climate Techtaqanal.com

Co-investorsJITO Angel Network

Climate Techrenkube.comin

Lakshmi Santhanam(Founder)inBangolae Lakshmikanth Balaji(Founder)in

Co-investorsJITO Angel Network

Climate Techthedisposalcompany.com
Climate Techbizlog.inin𝕏

BIZLOG is a technology-enabled reverse logistics company operating around 80 owned-and-operated locations.

Logistics & Supply Chain

Krishnan Rajan(Founder)in

Climate Techamplepac.com

The site operates as an online gambling and casino platform (branded "INDOPRIDE88") offering slots, live casino, lottery (togel), sports betting, poker, and other betting games, targeting an Indonesian-language audience.

ConsumerGaming

Arpita Kalanuria(Founder)in

Climate Techfluidrobotics.com

Fluid Analytics AI builds AquaGrid, an AI-driven platform that unifies water infrastructure, hydraulic network, and environmental data to predict and monitor risks such as pipe deterioration, flooding, pollution, and wastewater-based disease trends.

AI & Machine LearningCleantechClimate Tech

Climate Techangirusind.comin

Angirus makes Wricks, construction bricks manufactured entirely from recycled waste material including 20% plastic waste, positioned as lighter, stronger, and more waterproof than conventional red clay bricks.

Circular EconomyConstruction TechNew Materials

Climatetechsustlabs.com

Kaushik Bosein

Climatetechnunam.comin𝕏

Nunam manufactures battery modules made from upcycled electric vehicle batteries for residential and commercial energy storage, offering cost-effective alternatives to lithium-ion systems with modular, scalable designs for diverse power applications.

Circular EconomyCleantechEnergyNew Materials

Cognitensorcognitensor.comin

CogniTensor is an enterprise AI company that designs, engineers, and deploys industry-grade AI platforms, offering services spanning AI strategy, data architecture, platform development, and cloud/DevOps infrastructure.

AgTechAI & Machine LearningCleantechClimate TechEnterprise SoftwareSaaSDelhi, IN

Co-investorsTechstars

Cotton Rackcottonrack.com

Cotton Rack is a direct-to-consumer fashion retailer selling cotton and natural-fiber apparel including dresses, jackets, kurtis, and tops, primarily for the Indian market.

Circular EconomyConsumerDirect to ConsumerE-commerceImpact & Social GoodIndia, IN

Credochaincredochain.com
Cretilecretile.comin𝕏

Cretile manufactures STEM education kits, curriculum, LMS, and teacher training for Grade 1 to Grade 10, covering areas from electronics and robotics to IoT and AI.

EdTechHardwareRobotics

Parag Gulhane(Founder)in

Culture Circleculture-circle.comin𝕏

Culture Circle is an Indian online marketplace for authenticated sneakers, streetwear, and luxury fashion, where users can compare prices across verified sellers.

ConsumerE-commerceMarketplacesGurugram, IN

Devansh Jain Nawal(Founder & CEO)inAckshay Jain(Co-founder)in

Co-investorsInfo Edge Ventures

Curelocurelohealth.comin𝕏

A telemedicine and diagnostic platform that enables patients to upload prescriptions and access lab tests across multiple Indian cities.

AI & Machine LearningDigital HealthHealthtech

CynLrcynlr.comin

CynLr builds a hardware and software machine-vision platform ("Object Intelligence") that lets robots see, grasp, and orient unknown objects without pre-training, and offers robotic systems such as CyRo, CyNoid, and Mantroid for manufacturing and logistics.

Advanced ManufacturingAI & Machine LearningRobotics

Gokul N A(Founder)in

Co-investorsAnicut CapitalAthera Venture PartnersMerak VenturesPavestoneRedstart LabsSpeciale Invest

DashamLabsdashamlabs.comin

DashamLabs develops silica aerogel flexible insulation sheets using process innovations aimed at making high-performance thermal insulation cost-efficient and scalable.

CleantechDeep TechNew MaterialsRewari, IN

Ankit Jhanwar(Co-Founder & CEO)inDr. Apoorv Balwani(Co-Founder & CTO)inDevakar Dhingra(Co-Founder & CCO)inDr. Neha Hebalkar(Inventor Co-Founder & Scientific Advisor)in

Co-investorsTheia Ventures

DESIGO®️ MILKdesigomilk.com

Project Desigo is building a repository of A2 milk research covering human nutrition, genetics, traceability, and sustainability, and offers reservation-based access to A2 milk with phone-based traceability via a unique member ID.

AgTechConsumerFoodTech

DesiHangover Shoesdesihangover.in

Desi Hangover is an e-commerce company based in Mumbai that sells consumer products across India with fast delivery options.

ConsumerDirect to ConsumerE-commerceMumbai, IN

Digital Inclusiongramcover.com

GramCover is an insurance platform offering motor, crop, and livestock insurance products, along with reinsurance services.

AgTechFintechInsurTech

Co-investorsEmphasis VenturesInflexor VenturesFlourish VenturesOmidyar Network IndiaOmnivoreSiana Capital Management+1 more

Digital Inclusionfrontiermkts.comin𝕏

Frontier Markets is a social commerce platform that enables rural women entrepreneurs to sell climate-friendly products and services to last-mile villages in India.

B2B MarketplacesCleantechImpact & Social GoodLogistics & Supply ChainMarketplacesJaipur, IN

Ajaita Shah(Founder & CEO)

Co-investorsTeja VenturesBeyond Capital VenturesBeyond Capital

Digital Inclusionfundfina.comin𝕏

Fundfina provides cash-flow based working capital financing to micro, small, and medium retailers and merchants through an open marketplace platform.

FintechImpact & Social GoodMarketplacesMumbai, IN

Rahul Tripathy(Founder)in

Co-investorsNSRCELSprint Vc

Digital Inclusionsuperzop.com

Raghuveer Allada(Founder)in

Digital Inclusionupaz.in
Digital Inclusionmypaisaa.com

myPaisaa is a government-licensed digital chit platform that digitizes traditional Indian savings groups for underserved households.

ConsumerFintechImpact & Social GoodSaaSSector Agnostic

Digital Inclusionmicrofinance.ai
Entitledentitled.co.inin

Entitled offers financial and health benefits, such as small loans and health insurance, to low-income workers through their employers.

FintechHR TechInsurTech

Krishna Yadav(Founder)inArpan Jain(Founder)in

Co-investorsSprint Vc

Enzia Venturesenzia.vcin𝕏

Enzia is an early-stage venture capital firm whose team of sector-focused investors backs entrepreneurs in areas such as education and healthcare.

Sector Agnostic

Co-investorsSwordfish InvestmentsInflexor VenturesSparrow Capital

Eternzeternz.comin

Eternz is a digital marketplace for jewelry that aggregates over 300 curated brands across multiple price points and styles—from fashion to fine jewelry.

ConsumerE-commerceMarketplacesIndia, IN

Arthi Ramalingam(Founder & CEO)in

Co-investorsGemba Capital Venture PartnersHyderabad AngelsKae CapitalTDV Partners

Etrl Energy**** Energy Storagee-trnl.energy

e-trnl.energy develops a battery cell design and manufacturing approach aimed at enabling fast charging (around 15 minutes) for electric vehicles by reducing cell heating and degradation.

CleantechDeep TechEnergy

Co-investorsAxilor Ventures

Fellofello.inin𝕏Defunct

Fello is an investment app for first-time investors in India designed to simplify wealth building through disciplined, consistent investing.

FintechGamingBengaluru, IN

Manish Maryada(Founder)inShourya Lala(Founder/President)inJatin Malwal(Co-founder & CTO)

Co-investorsFlucas VenturesJITO Angel NetworkKube VCSprint VcUpsparks CapitalY Combinator+3 more

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has IIMA Ventures made?
IIMA Ventures has 158 tracked investments, including 1 dated in the last 24 months.
What stage does IIMA Ventures invest at?
IIMA Ventures invests at the Pre-Seed, Seed stages.
What sectors does IIMA Ventures focus on?
IIMA Ventures focuses on AgTech, AI & Machine Learning, Climate Tech, Deep Tech, Digital Health, Energy, FoodTech, Healthtech, Impact & Social Good, Sector Agnostic.
Where is IIMA Ventures located?
IIMA Ventures is headquartered in Ahmedabad, IN.
Who does IIMA Ventures co-invest with?
IIMA Ventures most often shares deals with JITO Angel Network, Sprint Vc, Golden Sparrow Ventures, Llc, among 66 tracked co-investors.

Media · Podcasts & interviews

from their channel

Building a Consequential Company: From First Principles to the Launchpad

IIMA Ventures

People & Culture: Lessons in Team Building

IIMA Ventures

Second Lives, First Principles: Rebuilding Industry for Circularity

IIMA Ventures

Distribution Stack for the Next 500 Million: Pathways for Trust, Profit and Scale

IIMA Ventures

Mind, Metal, & Machines: Manufacturing the Future

IIMA Ventures

AI’s Promise for India: Use Cases That Will Define the Next Decade

IIMA Ventures

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