# KIIT-TBI

> KIIT-TBI is a VC fund in Bhubaneswar backing Health Care and Manufacturing. See 18 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Bhubaneswar, India
- Total investments: 18
- Last investment: Jul 2024
- Lead investor: 6%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/pub/kiit-technology-business-incubator/4b/115/25a
- X (Twitter): https://www.twitter.com/kiit_tbi
- Website: http://kiitincubator.in
- Facebook: https://www.facebook.com/pages/KIIT-Technology-Business-Incubator/117003051728653

KIIT-TBI is an initiative that aims to facilitate technology development and commercialization. Their services include issues related to legal and IPR protection; Industry linkage for technology transfer; linkages with R&D Labs for technology sourcing; training and networking; linkage with potential advisors and mentors; access to angelinvestors and venture capital funding; loan assistance from banks; and more.KIIT-TBI was launched by KIIT University with the support of the Department of Science & Technology, Government of India.

## Contacts

5 contacts available for KIIT-TBI. Shizune tracks 2 team members at KIIT-TBI. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/kiit-tbi?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $8k–$59k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Health Care | 4 | 22% |
| Manufacturing | 4 | 22% |
| Energy | 3 | 17% |
| Electric Vehicle | 3 | 17% |
| Automotive | 2 | 11% |

37 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 14 | 78% |
| Pre-Seed | 2 | 11% |
| Angel | 1 | 6% |
| Grant | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| D.N. Dwivedy | Director & Management Representative | 0 | https://shizune.co/investors/profile/d-n-dwivedy |
| Mrutyunjay Suar | CEO | 2 | https://shizune.co/investors/profile/mrutyunjay-suar |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Gocarin | Gocarin produces quality animal feed for consumers involved in animal husbandry. | $58.7K | Seed | Jul 05, 2024 |  |
| Femacare | Femacare (Research Partner - Nanobios Lab, IIT-B) are developing a novel 4th Generation Contraceptive Device that will not only act as a contraceptive but also prevent HIV and other STIs. |  | Seed | Jan 01, 2024 |  |
| Habbits | Habbits is an e-commerce platform that provides oral health care products with natural, safe and effective non-toxic products. |  | Seed | Jan 01, 2024 |  |
| Exquinz | Exquinz Life Science is your partner in delivering high-quality and temperature-sensitive products safely. |  | Seed | Jan 01, 2024 |  |
| Elmentoz Research | Elmentoz Research provides a circular economy solution for sustainable animal feed, utilizing waste to produce protein. |  | Seed | Jan 01, 2024 |  |
| Cluix | Cluix ensure safer water through smarter and efficient testing solutions. |  | Seed | Jan 01, 2023 |  |
| Numbr | Numbr lets you invest spare change from your daily digital transactions. |  | Seed | Jan 01, 2023 |  |
| AWSUM | AWSUM is an Ayurveda-inspired functional chocolate brand that offers products infused and enriched with ayurvedic herbs and botanicals. It was established in 2021 in Noida, Uttar Pradesh. |  | Seed | Jan 01, 2023 |  |
| Mokkomotto | Mokkomotto brings you the world’s most innovative multidevice chargers and is perfect for tech-savvy, on-the-go individuals. |  | Seed | Jan 01, 2023 |  |
| BluPower | Renewable Energy | $5K | Grant | Sep 05, 2022 |  |

10 of 18 investments shown.

## Co-investors
- [IIMA Ventures](https://shizune.co/investors/profile/ciie-iim-ahmedabad) — VC Fund, 1 deal together
- [JITO Angel Network](https://shizune.co/investors/profile/jito-angel-network) — VC Fund, 1 deal together
- [Padup Ventures](https://shizune.co/investors/profile/padup-ventures) — VC Fund, 1 deal together
- [Society for Innovation and Entrepreneurship](https://shizune.co/investors/profile/sine) — VC Fund, 1 deal together
- [Society for Innovation and Entrepreneurship](https://shizune.co/investors/profile/society-for-innovation-and-entrepreneurship) — VC Fund, 1 deal together
- [TheStartupLab](https://shizune.co/investors/profile/thestartuplab) — VC Fund, 1 deal together

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## FAQ

### What does KIIT-TBI invest in?

KIIT-TBI invests primarily in Health Care, Manufacturing and Energy startups, most often at Seed and Pre-Seed stage. Most of the 18 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is KIIT-TBI's check size?

KIIT-TBI typically joins rounds of $8k–$59k at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds KIIT-TBI participates in.

### How do I contact KIIT-TBI?

Public channels for KIIT-TBI 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 KIIT-TBI?

The team at KIIT-TBI includes D.N. Dwivedy (Director & Management Representative) and Mrutyunjay Suar (CEO). 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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