IIMA Ventures

IIMA Ventures, formerly known as IIMA-CIIE, is a leading startup incubator, accelerator, and investment firm based at the Indian Institute of Management Ahmedabad (IIMA). Established in 2002 as an innovation center and incorporated as a company in 2007, the firm rebranded to IIMA Ventures in 2024. It operates across the entire innovation continuum, providing comprehensive support from ideation to growth-stage investment. The firm is dedicated to backing fearless entrepreneurs who are building disruptive solutions, particularly at their risky early stages when support is most crucial.

The firm's investment focus spans three broad areas: Deeptech, Digitalization, and Climatetech. Within Deeptech, they support ventures building innovation-first solutions from India for a global market, including aerospace and defense, and advanced semiconductors. In Digitalization, IIMA Ventures backs founders harnessing digitally inclusive solutions for India's growing digital population, encompassing fintech, edtech, and business services. Their Climatetech efforts are directed towards entrepreneurs tackling climate change through disruptive solutions, such as renewable energy and cleantech.

IIMA Ventures has a notable portfolio of companies that have achieved significant milestones, including Razorpay (a unicorn fintech platform), Ola (a mobility unicorn), ideaForge (unmanned aircraft systems), Agnikul (private space sector), and Fourth Partner Energy (renewable energy solutions). The firm has invested in over 400 startups at pre-seed and seed stages, accelerated over 1,000 startups, and its portfolio companies have collectively raised over $3 billion in follow-on capital. They also pioneered initiatives like India's first accelerator (iAccelerator) and incubated several venture capital funds, including Infuse Ventures.

The IIMA Ventures team comprises experienced professionals across governance, advisory, leadership, incubation, acceleration, seed investments, venture investments, insights, and shared services. Priyanka Chopra serves as the CEO & Managing Partner, leading the firm's strategic direction and operations. The team's expertise allows them to provide extensive mentorship, bespoke coaching, and access to a vast network of collaborators and partners, fostering a supportive environment for startups to thrive.