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IIM-A incubation platform to invest in 50 new start-ups over a year

CIIE.CO says it has a record of helping 1,200 start-ups and investing in 350 of them

startups, unicorn, funding, fintech, companies, firms

Aryaman Gupta New Delhi
CIIE.CO, IIM Ahmedabad’s incubation platform, said on Wednesday it will invest in 50 new start-ups over a year. The investments would be across sectors and focus on technology, digitisation and sustainability.

“Over the next 12 months, we are committed to investing up to $100,000 each in 50 early-stage startups. We aim to continue to build our deep-tech portfolio across some of the exciting white-spaces, including digital therapeutics and diagnostic-pathology in the health-tech segment,” said Vipul Patel, partner, seed investing at CIIE.CO.

“We are also looking at investing in breakthrough-solutions enabling decarbonisation, and enterprise-grade solutions powered by generative AI, amongst others,”

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First Published: Mar 22 2023 | 1:16 PM IST

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