Incubator · Ahmedabad, Gujarat, India

IIMA Ventures Incubation (formerly CIIE.CO)

IIM Ahmedabad's incubator, renamed IIMA Ventures in 2024, supports early-stage founders with mentoring, workspace and programme-linked grants, debt or equity, with a focus on Tier 2 and Tier 3 cities.

Status unknown Run by IIMA Ventures, Indian Institute of Management Ahmedabad

Verified 18 October 2026 · From the programme's own pages

Terms

Funding
not published Ticket size varies by programme, generally from ₹5 lakh grants to ₹50 lakh of convertible debt or equity
Instrument
not published
Equity taken
not published May take some equity against support in programmes with deep support; no percentage published
Programme fee
not published Incubation space is not free but is offered below market rates
Duration
26 weeks
Cohort size
not published
Cohorts
not published
Delivery
Hybrid
Stages
Idea, pre-seed
Sectors
Sector-agnostic
Open to founders from
India
Perks
  • Office space
  • Mentoring
  • Workshops
  • Investor pitches and demo days
  • Grants and seed investment

Incubation is typically six months and can be extended by mutual agreement; other programmes run 3 to 12 months. Centres in Ahmedabad, Indore and Jaipur, and many programmes run virtually. IIMA Ventures also runs thematic programmes such as Kotak BizLabs, North East Growth Lab, Bharat ClimateTech Initiative, Bharat Inclusion Initiative, an aerospace and defence acceleration fund and a venture studio.

Application dates

Status unknown

Dates not published.

Who can apply

  • Individuals, startups and founders working on an innovative idea
  • Registered company not required for incubation support; some funding programmes require one
  • Stage: idea, pre-seed

Companies it names as alumni

ideaForge, Razorpay, GUVI, Agnikul, 5C Network

What founders should check

  1. Equity: May take some equity against support in programmes with deep support; no percentage published. Ask for the exact stake before you accept a place.
  2. Fees: Incubation space is not free but is offered below market rates.
  3. It mixes remote and in-person sessions in Ahmedabad. Ask how much time on site it expects.
  4. Dates for the next cohort are not published.

Similar incubators

Other incubators that share a sector with IIMA Ventures Incubation (formerly CIIE.CO) or run in India.

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