JIIF plans to invest Rs 80-100 crore in 12-18 months in early-stage startups – The Economic Times

The Economic Times


Investment platform JITO Incubation and Innovation Foundation on Monday said it plans to invest Rs 80-100 crore in early-stage startups in the next 12-18 months.

The platform has invested over Rs 150 crore across more than 100 pre-seed and seed-stage startups over the past two years, and reported over 15 exits during the period.

“Over the next 12-18 months, the platform plans to invest approximately Rs 80-100 crore, with an aim to back 20-25 startups annually. Its investment ticket size currently ranges between Rs 1.5 crore and Rs 2 crore, depending on stage and sector,” JIIF said in a statement.

The platform has also made a Rs 26.5-crore investment in Mumbai-based Atomic Capital. The move allows JIIF to participate in a wider set of investment opportunities beyond direct startup investments.

JIIF further said that it plans to launch an accelerator programme focused on the Asia-Pacific region, covering India, the Middle East and Southeast Asia, where the programme will target early-stage startups across sectors such as artificial intelligence, fintech, climate, mobility and digital infrastructure.

“Our partnerships with platforms such as Startup Singham and Lead to Unicorn have helped us access high-quality opportunities. Our investment in Atomic Capital marks a significant step in expanding our investment capabilities and accessing differentiated opportunities. Alongside, the planned APAC accelerator programme will support founders at scale across geographies,” JIIF Chairman Jeenendra Bhandari said.