JITO Incubation and Innovation Foundation (JIIF)

What JITO Incubation and Innovation Foundation (JIIF) does

JITO Incubation and Innovation Foundation (JIIF) is a Section 8 nonprofit foundation (registration pending) established in 2017 and headquartered in Mumbai, India, operating as the formal incubation and angel investment arm of the Jain International Trade Organisation (JITO). The organization serves early-stage startups — particularly those with Jain-origin founders — by providing capital, mentorship, and ecosystem access, and it serves its 700+ member angel investors by sourcing and syndicating deal flow. JIIF runs three primary verticals: the JITO Incubation Centre (JIC), a 3-month hybrid program offering mentorship, free cloud/credit services, and operational support in exchange for equity; the JITO Angel Network (JAN), a sector-agnostic platform that invests up to USD 1.5 million per deal; and JITO Shark Angels (JSA), a televised-style event series that has run 9 pitch events featuring 53 startups and 41+ investor sharks. The foundation has invested more than INR 265 crore across 110+ companies, recorded 15+ exits, and participates as a selected incubator in the DPIIT-administered Startup India Seed Fund Scheme (SISFS).

JIIF's technology layer is lightweight and operational rather than product-centric: it operates two self-serve web portals (investment.jitojiif.com and incubation.jitojiif.com), the JIIF World App on Android and iOS for deal access, and integrates a credit-partner network spanning Mixpanel, Twilio, AWS, MongoDB, HubSpot, Zoho, JetBrains, and similar SaaS vendors that supply free or discounted credits to portfolio companies. The foundation generates organizational income through one-time membership fees (tiered at INR 88,500 for one year, INR 31,860 for two years, or INR 177,000 for three years), equity stakes taken in incubated startups, and any realized gains from its venture portfolio, while deployed capital is sourced from and routed through its 700+ angel members rather than appearing as JIIF's own revenue.

In 2026 JIIF initiated two notable strategic shifts: it deployed INR 26.5 crore into Atomic Capital as a fund-of-funds investment, broadening its exposure beyond direct deals, and it launched an Asia-Pacific accelerator targeting India, the Middle East, and Southeast Asia with thematic focus on AI, fintech, climate, mobility, and digital infrastructure. The foundation is governed by a board chaired by Jeenendra Bhandari, with Jeenendra Bhandari (also MGB partner), Prithviraj S. Kothari (Chairman, JITO APEX), Vijay Bandulal Bhandari (President, JITO APEX), and operational leadership from COOs Deepak Jain and Sagar Gosalia; the full-time secretariat is approximately 15-20 people. JIIF is recognized by Venture Intelligence as Best Angel Network 2022 and is listed by Inc42 among the top 10 angel networks in India.

Name

JITO Incubation and Innovation Foundation (JIIF)

Legal name

JITO Incubation & Innovation Foundation

Website

https://jitojiif.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

JITO Incubation and Innovation Foundation (JIIF) is the angel investment and incubation arm of the Jain International Trade Organisation, providing seed capital, mentorship, and event-based deal flow to early-stage startups from a 700+ Jain HNI investor base, with INR 265+ crore deployed across 110+ portfolio companies.

Ownership category

akta.pro rank

Product category

Startup Incubation and Angel Investment Services

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (525910)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

akta.pro secondary industries

Corporate Venture Studios & Incubators (Build/launch ventures) (FSANAHAC), Corporate Accelerators & Startup Programs (FSANAHAD)

Keywords

• Startup incubation services
• Angel investment network
• Seed stage funding
• Entrepreneurship ecosystem
• Venture support platform

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Membership Fees: JIIF generates revenue through membership fees from JITO members who join the angel network. Membership plans range from ₹31,860 to ₹177,000 depending on term length and fee structure.
2. Startup Investment Returns: Returns on investments made in startups at pre-seed and seed stages. JIIF has recorded 15+ exits from its portfolio of 100+ invested companies.
3. Incubation Equity Stake: Startups receiving incubation support give a percentage of equity to JIIF in exchange for services including mentorship, free credit services, affordable office space, and assistance in legal, accounting, technology, and HR domains.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

JIIF operates a startup ecosystem platform offering three core services: (1) JITO Incubation Centre (JIC) running a 3-month hybrid incubation program providing mentorship, free credit services, affordable office space, and legal/accounting/technology/HR assistance; (2) JITO Angel Network (JAN) enabling sector-agnostic angel investments of up to $1.5 million in early-stage startups; and (3) JITO Shark Angels (JSA), an on-the-spot fundraising event platform where startups pitch to a panel of investors. The foundation also administers the government-backed Startup India Seed Fund Scheme (SISFS) for DPIIT-recognized startups.

Product overview

JITO Incubation and Innovation Foundation (JIIF) operates as a multi-platform startup ecosystem with three main verticals: JITO Incubation Centre (JIC) providing 3-month hybrid incubation programs, JITO Angel Network (JAN) for early-stage angel investments up to $1.5 million, and JITO Shark Angels (JSA) hosting on-the-spot fundraising events. Additional offerings include the Startup India Seed Fund Scheme partnership, mobile application (JIIF World App), and online investment/incubation platforms. The organization has invested over Rs 150+ crore across 100+ startups and facilitated 15+ exits.

Differentiator

Problem solved

Functional benefit

Products and services

• JITO Incubation Centre (JIC) A 3-month hybrid incubation program offering mentorship from industry experts, free credit services from partner agencies, affordable office space, and assistance in legal, accounting, technology, and HR domains for early-stage startups with at least 33% Jain entrepreneur shareholding. Designed for early-stage startups at concept validation to early commercial traction.
• JITO Angel Network (JAN) A sector-agnostic angel network backed by JITO's 15,000+ industrialists, businessmen, and HNIs in the Jain community, investing up to $1.5 million in early-stage startups with 360-degree business support. Designed for JITO member investors and early-stage startups seeking capital.
• JITO Shark Angels (JSA) An on-the-spot fundraising event platform where early-stage startups pitch to a panel of industry sharks/investors; Season 1 successfully organized 9 events with 53 startups and 41 participating sharks. Designed for early-stage startups seeking rapid investor exposure.
• JIIF World App Mobile application available on Android and iOS platforms enabling JIIF members to access investment opportunities, startup deals, and portfolio management features. Designed for JIIF member investors.
• Startup India Seed Fund Scheme (SISFS) A government-backed seed fund initiative under DPIIT, disbursing seed funds through eligible incubators to support startups from concept validation to market entry stages, administered by the Incubator Seedfund Management Committee (ISMC). Designed for DPIIT-recognized startups incorporated within 2 years.

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• National Stock Exchange (NSE)coreStrategic or Co-development PartnerJIIF hosts its Foundation Day event at NSE, Mumbai. NSE MD and CEO Ashish Chauhan delivered keynote at JIIF Foundation Day, promoting IPO route for MSMEs and startups.
• BioRx Venture AdvisorsminorImplementation/ SI/ Consulting PartnerIncubation partner providing guidance and growth support to startups in JIIF portfolio.
• Soonicorn VenturesminorChannel Partner/ Reseller/ DistributorInvestment partner network including Planify Capital, Beej Network, PedalStart, IPV, Vinners/Value Angels Network, Lakhani Financial Services, Jain Ventures Consulting, ECOSYSTEM VENTURES PRIVATE LIMITED, Anchorage Capital Partners, and Vijay Singh Rathore.
• Incubation Partners NetworkcoreStrategic or Co-development PartnerNetwork of incubation partners including Riidl Foundation, GH Raisoni College, AIC Prestige Inspire Foundation, Sharda Launchpad Federation, AIC-Pinnacle, Masters' Union, IITJ Technology Innovation, Siddham Innovation, Amity Technology Incubator, IM Punjab, Toronto Business Development Centre, Startup Chaupal, FITT IIT Delhi, Shine Foundation, AIIH Foundation, G H Raisoni Technology Business Incubator, WISE SNDTWU INCUBATION CENTRE.

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• SINE (IIT Bombay Society for Innovation and Entrepreneurship): IIT Bombay's technology business incubator supporting deep-tech and tech-enabled startups with seed funding and mentorship. Comparable to JIIF's JIC vertical in providing incubation plus investor access.
• Axilor Ventures: Bengaluru-based early-stage venture fund and accelerator running batch programs. Comparable as a hybrid accelerator/seed investor model with structured cohort programs.
• CIIE.CO (IIM Ahmedabad): India's leading university-affiliated startup incubator and seed fund. Comparable as a structured early-stage platform combining incubation, mentorship, and seed capital deployment.
• T-Hub: India's largest startup incubator based in Hyderabad with corporate, government, and VC partnerships. Comparable as a multi-vertical incubation and acceleration platform connecting founders to investors, mentors, and corporates.
• Mumbai Angels: One of India's oldest angel networks based in Mumbai with 400+ investors. Comparable geography and sector-agnostic early-stage model overlapping directly with JIIF's JAN vertical.
• Hyderabad Angels: India angel network with sector-agnostic early-stage investing and active mentoring. Directly comparable community-led angel model with regional concentration.
• Indian Angel Network (IAN): India's first and largest angel network with 500+ members investing across seed and early-stage startups. Directly comparable as a community-led angel network offering curated deal flow and mentoring to early-stage founders.
• Chennai Angels: India-focused angel network investing at pre-seed and seed stages with a strong mentoring ethos. Comparable to JIIF as a community-driven network providing both capital and operational support to founders.
• Soonicorn Ventures: Listed as an investment partner network of JIIF and operates a comparable early-stage community investing model in India. Relevant as an immediate peer within JIIF's own syndication ecosystem.

Broad incumbents

• Y Combinator: Global benchmark for startup accelerators with structured cohort programs and standardized seed investment terms. Relevant comparator for JIIF's JIC incubation methodology and global scaling ambitions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/jitojiif
• YouTubeyoutube.com/channel/UCnV3aod6lgGAdpw_ccKr8bQ
• Facebookfacebook.com/jitojiif
• LinkedInlinkedin.com/company/jito-incubation-innovation-foundation
• Instagraminstagram.com/_jitojiif

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments29 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JITO Incubation and Innovation Foundation (JIIF)