Key sectors such as deeptech, AI, and mobility are attracting attention, particularly those contributing to traditionally closed industries like defence and aerospace.
In an interview with businessline, Priyanka Agarwal Chopra, Managing Partner at IIMA Ventures, explains the firm’s investment thesis and backing entrepreneurs developing disruptive solutions
After working with big corporations and smaller companies for a decade, Priyanka Agarwal Chopra discovered a deep passion for building businesses. Read more at: https://yourstory.com/herstory/2024/07/this-woman-is-building-the-future-by-supporting-startups
Peer-to-peer lending (P2PL) offers a promising solution to India’s gendered credit gap. By bypassing traditional banking barriers, P2PL provides flexible, accessible loans tailored to rural women entrepreneurs, fostering financial inclusion and supporting their business growth and resilience
Educators can create learning experiences that are not only educational but help students become more self-aware and ethically driven
About one in three women in India are a part of the Indian workforce. When we peel this (first layer of data) a little further we find that while about 35% of rural women are currently in the workforce, this number is much smaller for women in our cities – 20.7%.
The startups were selected on the basis of a three days bootcamp held in Indore where the startups were trained in various sessions like business modelling, unit economics, B2G sales, applying for government tenders, etc
IIMA Ventures has been an active investor in the healthcare sector and has invested in startups such as Biosense, Forus Health, Mestastop, 5C Network, and Onward Assist.
During the program, startups will focus on various challenges, including but not limited to hiring, attrition, founder's leadership abilities, culture-building, compensation and benefits, and performance management and appraisals.
IIM Ahmedabad’s CIIE.CO and SIDBI have partnered to establish a pre-seed fund, especially for deep-tech start-ups. The MoU signed between the two organisations laid the foundation for the fund with a total corpus of ₹40 crore, equally contributed by both SIDBI and CIIE.CO.
The Reserve Bank of India’s Financial Inclusion Index for 2022 shows an improvement to 56.4 from 53.9 in 2021 across indices like access, usage, and equality. Despite the rise, there’s the scope of much more improvement when it comes to extending financial services to the unbanked population across India. It was to make a difference that CIIE.CO set up the Bharat Inclusion Initiative (BII) in 2018 as a full-stack solution to solve the problem of financial exclusion in India.
The concept of startup incubators might not be new, but the newfound interest in these centres continues to grow. Just like parents help a child learn how to walk, startup incubation centres enable a startup to nurture its idea and make it into a reality.
The entire round consists of INR 10 Cr where apart from Shreyas Iyer, the team got investments from IIMA Ventures, renowned industry experts like Tarun Katial (Founder of Zee 5) and family offices in US.
Nabhdrishti Aerospace, a deep-tech start-up pioneering indigenous gas turbine engine development, has raised Rs 3 crore in a funding round led by IIMA Ventures (formerly IIMA-CIIE).
Revidd, an AI-driven video streaming solution company, announces a product which will enable broadcasters to launch their own Free Ad-supported Streaming Television (FAST) channels in under five minutes.
Equity Investment by three incoming investors; led by Marwah Sports, CIIE.CO and Faad Network. With more than 100k combined downloads from PlayStore and AppStore, the gamers’ social network showcases its commitment to solution-driven experiences
In 2022, the Indian government officially recognised esports as a sport, placing it on equal footing with mainstream sports like cricket and football. In the same year, esports debuted as an official medal sport at the Asian Games and as a pilot event at the Commonwealth Games. The Indian DOTA 2 (a multiplayer battle arena video game) team created history by winning bronze at the first Commonwealth Esports Championship held in Birmingham.
Centre for Innovation, Incubation and Entrepreneurship (CIIE.CO), the startup incubator of Indian Institute of Management, Ahmedabad, will support over 100 early-stage craft startups by 2025.