IIMA Ventures
IIM Ahmedabad
IIM Ahmedabad's startup continuum — incubation, acceleration & capital for India's boldest founders since 2002.
IIMA Ventures at a glance
| Part of | IIM Ahmedabad |
|---|---|
| Established | 2002 |
| Address | Ahmedabad, Gujarat, India |
| Programmes | 15 standing programmes · 5 open calls right now |
| Official website | iimaventures.com |
Programs by IIMA Ventures
5 open now · 6 past · Filter all programs
Programmes they run
Standing programmes at IIMA Ventures, separate from the funding calls above.
AI Summer Residency
FellowshipA high-intensity, 4-6 week in-residence program at IIM Ahmedabad Campus.
Official programme pageSwanari TechSprint
AcceleratorAccelerate AI-powered fintech solutions for India s women-centric Self-Help Group
Official programme pageNorth East Growth Lab
IncubationEmpowering Startups in North Eastern India with Knowledge, Mentorship, Connects and Capital
Official programme pageAn AI and Innovation Program for Women’s Economic Empowerment
Official programme pageAerospace Defence Acceleration Fund
Grant schemeA focused fund to empower early-stage startups building the future of aerospace and defence technologies in India, powered by IIMA Ventures and Jaivel Aerospace.
Official programme pageBharat ClimateTech Initiative
IncubationSupporting innovations that help mitigate and build resilience against climate change
Official programme pagePeople and Culture Accelerator
AcceleratorAn essential accelerator for founders looking to build systems to strengthen people & culture systems.
What you get, who can apply and how to applyHide details
This is a paid program, early bird discount available
Bharat Inclusion Initiative
IncubationContextualized support for Inclusive fintech, skilling and livelihood generating innovations
Official programme pageStudio by IIMA Ventures
ProgrammeWe co-build Disruptive ventures alongside Exceptional entrepreneurs
Official programme pageFintech for Women’s Financial Inclusion
IncubationSpecialized support for women-focused innovations in fintech
Official programme pageiDEX aims at the creation of an ecosystem to foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups, individual innovators, R&D institutes & academia.
Official programme pageInnocity
PlatformInnocity - a modular, on-demand, and easy to access startup support platform.
What you get, who can apply and how to applyHide details
Innocity offers a variety of inputs including training sessions, networking events, booster sessions and pitches - all of these unbundled and accessible on demand. Innocity sessions are conducted by our regional teams across locations and are conducted at regular intervals (monthly boosters and sessions and quarterly pitches) to ensure continuity of support.
NIDHI EIR
FellowshipInspiring the best talent to be entrepreneurs by supporting them with mentorship, access to office space, and guidance
Official programme pageTide 2.0 MEITY
IncubationEmpowering entrepreneurs to develop innovative solutions with emerging technologies.
Official programme pageThe Power Of Ideas
CompetitionThe Power of Ideas (POI) program is one of India’s largest entrepreneurship development programs supported by the Government in its mission to develop the spirit of entrepreneurship and build an ecosystem that is conducive to the growth of startups.
Official programme pageIncubation tracks
IIMA Ventures runs a virtual track, so you can join without relocating.
| Track | Type | Space | Includes |
|---|---|---|---|
| IncubationDuration generally 6 months, can range from 3 to 12 months and be extended. Space is not free of cost but offered at a discounted rate. | Resident incubation | — | physical infrastructure, training programs, networking, structured support, mentoring, knowledge sessions, workshops, booster sessions, pitching opportunities, grants, seed investments, business modelling advisory |
| Virtual IncubationDuration generally 6 months, can range from 3 to 12 months and be extended. Support offered virtually. | Virtual incubation | — | training programs, networking, structured support, mentoring, knowledge sessions, workshops, booster sessions, pitching opportunities, grants, seed investments, business modelling advisory |
| AccelerationDuration can range from 3 to 12 months. | Acceleration | — | workshops, diagnostics, problem-solving support, bespoke coaching |
| AI Summer ResidencyA high-intensity, 4-6 week in-residence program at IIM Ahmedabad Campus. | Fellowship | — | in-residence program |
Labs & facilities
Equipment and space on campus.
Ahmedabad Centre
Over 50,000 sq.ft. of space at IIM Ahmedabad campus.
Support services
Help offered alongside funding and space.
Recognitions & empanelments
Official approvals this incubator holds.
News
- IIMA Ventures launches AI residency programme for student entrepreneursbusiness-standard.com · 2 months ago
- Tripura’s IT Department, IIMA Ventures Empower Startup Ecosystem in Tripuranortheasttoday.in · 2 months ago
Source: Google News aggregated
About IIMA Ventures
IIMA Ventures (formerly CIIE.CO)
IIMA Ventures — formerly IIMA-CIIE (Centre for Innovation, Incubation and Entrepreneurship) and publicly branded as CIIE.CO until its 2024 rebrand — is the innovation and entrepreneurship centre at IIM Ahmedabad. Established in 2002 with support from DST and the Government of Gujarat, it was recognised as a DST Centre of Excellence in 2019. IIMA Ventures describes itself as "The Innovation Continuum" — an end-to-end support system spanning incubation, acceleration, catalytic investment, fund incubation, and ecosystem research.
Programs
Incubation: Physical incubation centres across Ahmedabad (50,000+ sq. ft. on the IIMA campus), Indore, and Jaipur, offering 6–12 month programs with co-working space, mentoring, and business development support.
Acceleration (Innocity): A modular, on-demand regional startup support platform offering monthly boosters, sessions, and quarterly pitches across Tier 2 and Tier 3 cities.
Sector Accelerators: India's first climate accelerator (Powerstart, 2011), first Food & Agri-business accelerator (2015), first Healthcare accelerator (2016), AI Academy India (with Google for Startups, 2024), and Aerospace & Deep-tech Acceleration Fund (with Jaivel Aerospace, 2025–26).
Bharat Inclusion Initiative: Focused on financial and digital inclusion for the next half billion Indians.
Fund Incubation: Incubates venture funds, including India's first energy VC (Infuse Ventures, 2012).
Funding
Funding spans grants (₹5 lakh), convertible debt, and equity (up to ₹50 lakh per startup depending on program). IIMA Ventures partnered with SIDBI to launch a ₹40 crore pre-seed deep-tech fund. The Aerospace & Deep-tech Acceleration Fund offers up to USD 400,000 per startup. Google for Startups AI Academy provided up to USD 350,000 in cloud credits per cohort company.
Track Record
IIMA Ventures has mentored 10,000+ founders, accelerated 2,000+ startups, and provided catalytic capital to 700+ companies. Notable portfolio includes Razorpay, IdeaForge (India's drone market leader), Agnikul Cosmos, Morphing Machines, 5C Network, and Fourth Partner Energy.
Who Should Apply
Founders across any stage and sector — especially those building for deep tech, climate, financial/digital inclusion, or rural India. Particularly strong fit for founders in Tier 2/3 cities seeking structured, mentorship-led acceleration with access to the IIMA network. No mandatory company registration to apply for incubation.
Who they work with
Stage
Sectors
Technology
Tags
Notable alumni
Exits & acquisitions
Frequently asked questions about IIMA Ventures
What does IIMA Ventures do?
IIMA Ventures — formerly IIMA-CIIE (Centre for Innovation, Incubation and Entrepreneurship) and publicly branded as CIIE.CO until its 2024 rebrand — is the innovation and entrepreneurship centre at IIM Ahmedabad.
Where is IIMA Ventures located?
IIMA Ventures is based in Ahmedabad, Gujarat, India.
What programs does IIMA Ventures run?
IIMA Ventures currently has 5 open programmes: Kotak BizLabs Season 3 Accelerator, Bharat Inclusion Initiative by IIMA Ventures, IIMA Ventures Aerospace & Defence Acceleration Fund and Women's Economic Empowerment, and 1 more. 6 further programmes have run in the past.
What sectors does IIMA Ventures support?
IIMA Ventures works with startups in Deep Tech, CleanTech, FinTech, AgriTech, HealthTech and EdTech and other sectors.
What stage of startup does IIMA Ventures support?
IIMA Ventures supports startups at the Ideation, Validation, Early Revenue and Growth stages.
What facilities does IIMA Ventures offer?
IIMA Ventures offers Ahmedabad Centre.
Is IIMA Ventures government recognised?
IIMA Ventures holds the following recognitions and affiliations: Recognised as Centre of Excellence by DST, GoI, Supported by Government of Gujarat, NIDHI EIR and Tide 2.0 MEITY.
How do I apply to IIMA Ventures?
Applications run through each programme's own call. IIMA Ventures lists 5 open programmes — check the programme page for its deadline and eligibility, or apply via https://iimaventures.com/.
When was IIMA Ventures founded?
IIMA Ventures was founded in 2002. It operates as an academic.
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