Bharat Inclusion Initiative by IIMA Ventures
by IIMA Ventures
From IIMA Ventures, milestone-tranched capital of USD 50,000 and above, plus incubation, for low-income-focused startups in fintech, livelihoods, and skilling.
IIMA Ventures, formerly CIIE.CO and the Centre for Innovation Incubation and Entrepreneurship, is the incubation, acceleration, and investment platform at IIM Ahmedabad. Set up in 2002 with support from the Department of Science and Technology and the Government of Gujarat, it has grown into one of India's most prolific startup-support organisations, working from Ahmedabad across the full continuum from ideation to growth-stage investment. It has invested in over 400 startups at pre-seed and seed stages, accelerated more than 1,000, mentored over 5,000, and seen its portfolio raise more than $3 billion in follow-on capital, with investments in 364 companies as of early 2026.
Its track record of backing companies that became unicorns and went public gives it credibility few institutional incubators can match, and it bridges academic innovation and market-ready ventures using IIM Ahmedabad's management depth, research, and alumni network, while also partnering government programmes such as the iDEX defence initiative. Its programmes span pre-seed and seed investment through dedicated AIF funds, acceleration for early startups, sector tracks in deep tech, climate tech, and digitisation, and the iDEX defence programme with DIO, and it recently launched a Rs. 40 crore fund to back 30 deep-tech startups, alongside mentorship cohorts, founder bootcamps, and investor-corporate events from its Ahmedabad campus and satellite offices.
Its portfolio includes Razorpay, Ola, Agnikul, Fourth Partner Energy, CreditVidya, GUVI, and Biosense, with one unicorn, two IPOs, and 19 acquisitions recorded. Early-stage founders across deep tech, climate tech, fintech, agritech, and healthtech benefit most, especially those who need business-strategy support alongside technical development. It is online at iimaventures.com.
IIMA Ventures currently has 7 programs listed in this directory, including Bharat Inclusion Initiative by IIMA Ventures, Women's Economic Empowerment, AI Summer Residency by IIMA Ventures. Each program page covers the funding amount, eligibility and application process.
IIMA Ventures is listed as a vc / investor. It is not a government body, and its programs follow the organisation's own selection process.
Start with the stages and sectors shown on this profile, then open the program pages for eligibility conditions and document checklists. If you want a structured view, send an enquiry below and an IncorpX advisor will walk you through fit and readiness.
No. Applications are always submitted in your own name with the respective program authority. IncorpX is independent of IIMA Ventures and provides assistance for application preparation, document organisation and prerequisite registrations such as incorporation, DPIIT recognition, MSME and GST.
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IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
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