# IIMA Ventures

> IIMA Ventures is a VC fund backing Information Technology and Software. See 155 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Ahmedabad, India
- Total investments: 155
- Last investment: Jul 2026
- Lead investor: 18%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/centre-for-innovation-incubation
- X (Twitter): http://twitter.com/ciieindia
- Website: http://www.ciie.co/
- Facebook: http://www.facebook.com/CIIEIndia

IIMA Ventures is a VC fund in Ahmedabad focused on Information Technology and Software. Deliver disproportionate impact to entrepreneurship in India by backing purpose-driven entrepreneurs harnessing the power of technology to solve some of India's toughest problems using business models that are specific to India.

## Contacts

5 contacts available for IIMA Ventures. Shizune tracks 3 team members at IIMA Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ciie-iim-ahmedabad?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 15 | 10% |
| Software | 14 | 9% |
| Artificial Intelligence | 14 | 9% |
| Education | 12 | 8% |
| Manufacturing | 12 | 8% |

157 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 68 | 44% |
| Pre-Seed | 62 | 40% |
| Series A | 5 | 3% |
| Angel | 4 | 3% |
| Venture - Series Unknown | 2 | 1% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 127 | 82% |
| Hong Kong | 1 | 1% |
| Singapore | 1 | 1% |
| Switzerland | 1 | 1% |
| United States | 1 | 1% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Sandeep Koujalgi | VP - Bharat Inclusion Initiative | 5 | https://shizune.co/investors/profile/sandeep-koujalgi |
| Joel Rodrigues | Investment Professional | 0 | https://shizune.co/investors/profile/joel-rodrigues |
| Kunal Upadhyay | Co-Founder | 1 | https://shizune.co/investors/profile/kunal-upadhyay |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| SUIND | SUIND is an information technology company that specializes in providing an AI-based system platform for commercial drones. It focuses on commercial drones that are not safe enough to be operated. SUIND is developing an AI-based safety-critical device, that can be connected to any drone providing safe & precise landing, obstacle avoidance,redundancy for sensor or control failure & emergency parachute deployment. | $2.1M | Seed | Jul 30, 2026 |  |
| Gimi Michi | GimiMichi is an Indian food brand that brings authentic Korean-style ramen to consumers with bold, spicy, and flavorful noodle products inspired by Korean cuisine , offering premium taste and convenience at an affordable price. The brand focuses on delivering a quick, satisfying meal experience with rich broths, chewy noodles, and real vegetableingredients. | $1M | Seed | Jun 16, 2026 |  |
| JobsUPI | JobsUPI is rebuilding how hiring is discovered in Bharat. We are building India's first multimodal, multilingual, voice-first employment platform that connects invisible workers to local MSMEs using AI, WhatsApp, and calling agents. We dramatically reduce hiring friction, cost, and trust gaps - making jobs discoverable where apps and portalsfail. | $250K | Pre-Seed | May 06, 2026 |  |
| SatLeo Labs | SatLeo Labs is a space technology business that focuses on high-resolution thermal Earth monitoring from space. | $2.2M | Seed | Apr 06, 2026 |  |
| NPrep | NPrep is an AI-powered skilling and placement platform specifically designed for nursing students and professionals. | $1.5M | Seed | Mar 11, 2026 |  |
| Basil | Basil has launched stainless steel bento boxes and bottles catering to the sensibilities of millennial parents and Gen Alpha. | $2M | Seed | Feb 24, 2026 |  |
| e-TRNL Energy | A revolutionary cell design and manufacturing concept that eliminates battery cell heating at the source, allowing us to realize the full potential of fast charging while avoiding cell degradation. | $3M | Seed | Feb 13, 2026 |  |
| Mysa | Mysa is a Unified Finance & Banking Platform for Mid-Sized Businesses | $3.4M | Seed | Jan 27, 2026 |  |
| Blinq Mobility | Blinq Mobility is creating a seamless zero-emission ecosystem for sustainable urban mobility using purpose-built vehicles, AI-driven battery swapping, and microfactories. | $479.9K | Pre-Seed | Dec 22, 2025 |  |
| Quintrans | Quintrans Hyperloop is a solution for most-mile problems. They are travelling in enclosed tubes, independent from external disturbances and seasonal impacts. They build a network of hyperloop transportation infrastructure to track the movement of passengers and goods. | $750K | Pre-Seed | Dec 15, 2025 |  |

10 of 155 investments shown.

## Co-investors
- [Speciale Invest](https://shizune.co/investors/profile/speciale-invest) — VC Fund, 7 deals together
- [Fondation Botnar](https://shizune.co/investors/profile/fondationbotnar) — VC Fund, 4 deals together
- [JITO Angel Network](https://shizune.co/investors/profile/jito-angel-network) — VC Fund, 4 deals together
- [Kalaari Capital](https://shizune.co/investors/profile/kalaari-capital) — VC Fund, 4 deals together
- [LVX Ventures](https://shizune.co/investors/profile/letsventure) — VC Fund, 4 deals together
- [Social Alpha](https://shizune.co/investors/profile/social-alpha-79e0) — VC Fund, 4 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does IIMA Ventures invest in?

IIMA Ventures invests primarily in Information Technology, Software and Artificial Intelligence startups, most often at Seed and Pre-Seed stage. Most of the 155 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact IIMA Ventures?

Public channels for IIMA Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at IIMA Ventures?

The team at IIMA Ventures includes Sandeep Koujalgi (VP - Bharat Inclusion Initiative), Joel Rodrigues (Investment Professional) and Kunal Upadhyay (Co-Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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