InFED

What InFED does

InFED (IIMN Foundation for Entrepreneurship Development) is the official business incubator of the Indian Institute of Management Nagpur (IIM Nagpur), operating as a Section 8 non-profit company under the Companies Act 2013. Founded in 2018 and headquartered at the IIM Nagpur campus in MIHAN, Nagpur, the organization provides structured incubation services including mentoring, networking, paid pilot opportunities, market linkages, and funding facilitation over a 3-year program (extendable to 4 years). Its core products include the Startup India Seed Fund Scheme (SISFS) and Gen-Next Support for Innovative Startups (GENESIS) incubation programs, along with Incubation cum Business Facilitation Centers (IBFCs) in Gondia, Wardha, Bhandara, and Gadchiroli.

InFED serves DPIIT-recognized early-stage startups with technology-driven products or services, with particular focus on AgriTech, HealthTech, Circular Economy, and technology-enabled ventures. The organization has supported 600+ enterprises (67% women-led), facilitated 5,500+ jobs, and helped mobilize 32 Cr+ INR in follow-on funding. It also runs the RAMP initiative across 11 Maharashtra districts for MSME capacity building (in partnership with MSSIDC under World Bank support) and the Wardhini Cluster Accelerator for Self-Help Groups.

The business model relies on government grants (DST NIDHI, NITI Aayog AIM, DPIIT Startup India Seed Fund, MeitY GENESIS), CSR contributions (HDFC Parivartan, CSR-1 compliant), and ecosystem partnerships with organizations including T-Hub, CIIE.CO IIM Ahmedabad, SINE IIT Bombay, NSRCEL IIM Bangalore, and WE-HUB Hyderabad. Revenue is not publicly disclosed, and pricing for incubation services is not published. The organization benefits from IIM Nagpur's institutional affiliation, providing academic credibility and access to faculty expertise that differentiates it from standalone incubators.

Name

InFED

Legal name

IIMN Foundation for Entrepreneurship Development

Website

https://infed.in

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

InFED is the business incubator of IIM Nagpur, operating as a Section 8 non-profit that provides structured 3-year incubation programs, mentoring, and funding access to early-stage DPIIT-recognized startups across Maharashtra, with a focus on women-led, AgriTech, and HealthTech ventures.

Ownership category

akta.pro rank

Product category

Business Incubation Services

akta.pro primary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

akta.pro secondary industries

Accelerators & Incubators (Investor-Operated) (FSANAAAM), Institutional Capacity Building & Training (Workforce/Systems Strengthening) (BPADAEAC)

Keywords

• Business incubation services
• Startup mentorship programs
• MSME capacity building
• Entrepreneurship development
• Seed funding facilitation

Headquarters

HQ city

Nagpur

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Incubation Services: InFED operates as a Section 8 company under the Companies Act 2013, compliant with 12A, 80G and CSR-1 mandates. The organization generates revenue through government grants, CSR funding, and potentially program fees for incubation services. They facilitate follow-on funding for startups exceeding 32 Crore INR.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

InFED operates as a Section 8 business incubator affiliated with IIM Nagpur, delivering structured incubation programs (SISFS and GENESIS) that provide seed funding, mentorship, networking, and market linkages to early-stage startups over a 3-year period extendable to 4 years. It also runs district-level Incubation cum Business Facilitation Centers (IBFCs) in Gondia, Wardha, Bhandara, and Gadchiroli, and capacity-building initiatives including RAMP for MSMEs, TEJAS for state/district entrepreneurship, and the Wardhini Cluster Accelerator for Self-Help Groups.

Product overview

InFED operates as a business incubator offering a comprehensive suite of programs and initiatives to support entrepreneurs. The core offering includes two primary incubation programs: the Startup India Seed Fund Scheme (SISFS) providing seed funding, and the Gen-Next Support for Innovative Startups (GENESIS) offering broader support. InFED also runs Incubation cum Business Facilitation Centers (IBFC) in multiple districts including Gondia and Wardha, providing localized entrepreneurship support. Additional initiatives include the RAMP program for MSME capacity building and the Wardhini Cluster Accelerator for SHGs. The standard incubation period spans 3 years with quarterly reviews, focused sectors include AgriTech, HealthTech, Circular Economy, and technology-enabled startups.

Differentiator

Problem solved

Functional benefit

Products and services

• Startup India Seed Fund Scheme (SISFS)

Quantifiable outcome

• 600+ enterprises supported through incubation ecosystem
• +4 more outcomes

Named customers45 records

Segments9 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

22 partnerships are on record, tiered minor and core.

• Priyadarshini College of Engineering NagpurminorStrategic or Co-development Partner · 21 April 2026MoU signed April 21, 2026 to expand and strengthen regional innovation and entrepreneurship ecosystem through academic partnership
• Maharashtra State Innovation Society (MSInS)coreStrategic or Co-development Partner · 16 March 2026MoU signed March 16, 2026 to strengthen regional collaboration in innovation and entrepreneurship across Maharashtra state
• Founders HubminorGTM or Marketing PartnerPartner providing startup support services and ecosystem resources for InFED incubated companies
• Maharashtra State Innovation Society (MSInS)coreStrategic or Co-development PartnerState-level innovation body partnership for strengthening regional entrepreneurship ecosystem in Maharashtra through MoU signed March 2026
• NITI Aayog AIMcoreStrategic or Co-development PartnerAtal Innovation Mission partnership for supporting startups and innovation ecosystem development
• Startup India (DPIIT)coreStrategic or Co-development PartnerStartup India Seed Fund Scheme implementation partner providing seed capital to eligible startups in the incubation program
• Wadhwani Foundation / National Entrepreneurship Network (NEN)coreStrategic or Co-development PartnerEntrepreneurship support organization providing training, mentorship, and network resources for startup ecosystem development
• T-Hub HyderabadminorStrategic or Co-development PartnerLeading Indian startup incubator partnership for knowledge sharing and ecosystem collaboration
• CIIE.CO IIM AhmedabadminorStrategic or Co-development PartnerIIM Ahmedabad's incubation center partnership for ecosystem collaboration and best practice sharing
• Villgro Innovations FoundationminorStrategic or Co-development PartnerSocial enterprise incubator partnership for mentoring and supporting impact-driven startups
• NSRCEL IIM BangaloreminorStrategic or Co-development PartnerIIM Bangalore's incubation center partnership for ecosystem collaboration
• SINE IIT BombayminorStrategic or Co-development PartnerIIT Bombay's startup incubator partnership for ecosystem collaboration and startup exchange
• WE-HUB HyderabadminorStrategic or Co-development PartnerWomen entrepreneurship hub partnership for supporting women-led startups
• The Incubation Network (Singapore)minorStrategic or Co-development PartnerInternational incubation network partnership for cross-border startup support and ecosystem linking
• AIC@36Inc RaipurminorStrategic or Co-development PartnerAIC incubator partnership for regional ecosystem collaboration
• FICCIcoreStrategic or Co-development PartnerFederation of Indian Chambers of Commerce and Industry partnership for industry connections and policy advocacy
• Confederation of Indian Industry (CII) Vidarbha ZonecoreStrategic or Co-development PartnerRegional industry association partnership for connecting startups with established businesses in Vidarbha region
• Google Developer Group NagpurminorGTM or Marketing PartnerTechnology community partnership for hosting tech events and developer engagement
• Gondia District AdministrationcoreStrategic or Co-development PartnerIncubation-cum-Business Facilitation Center (IBFC) partnership for driving entrepreneurship in Gondia district
• Wardha District AdministrationcoreStrategic or Co-development PartnerIncubation-cum-Business Facilitation Center (IBFC) partnership for driving entrepreneurship in Wardha district
• MSSIDC (Maharashtra State Small Industries Development Corporation)coreStrategic or Co-development PartnerRAMP program partnership for MSME capacity building in Maharashtra under World Bank-supported initiative
• IBFC GadchirolicoreStrategic or Co-development PartnerImplementation partner for TEJAS initiative (Transforming Entrepreneurial Journeys Across States & Districts) launched July 2, 2026

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• WE-HUB (Telangana): WE-HUB is a government-backed incubator focused on women-led startups in India. It is directly comparable to InFED as a dedicated women-entrepreneurship incubator, particularly relevant given InFED's 67% women-led portfolio composition.
• SINE (IIT Bombay): SINE is the Society for Innovation and Entrepreneurship at IIT Bombay, incubating technology-led startups with structured programs. It is directly comparable to InFED as an academic institution-anchored incubator with technology-focused cohorts, mentorship, and funding access — though with a stronger tech and IP emphasis.
• T-Hub Hyderabad: T-Hub is one of India's largest startup incubators, operating accelerator and incubation programs across multiple sectors with deep corporate, government, and VC partnerships. It is directly comparable to InFED as a similar full-stack Indian incubator offering mentorship, funding access, and program-based selection — though at significantly larger scale.
• NSRCEL (IIM Bangalore): NSRCEL is the business incubator at IIM Bangalore, running structured incubation and accelerator programs for early-stage ventures. It is directly comparable to InFED as an IIM-affiliated incubator with sector-agnostic programs, mentorship networks, and funding facilitation — though operating from a Tier 1 ecosystem.
• Wadhwani Foundation / National Entrepreneurship Network (NEN): Wadhwani Foundation's NEN operates entrepreneurship programs across Indian institutes, providing training, mentorship, and network resources. It is directly comparable to InFED as an entrepreneurship network organization working with academic institutions and government to develop startup ecosystems.
• CIIE.CO (IIM Ahmedabad): CIIE.CO is IIM Ahmedabad's technology business incubator investing in and supporting early-stage startups. It is directly comparable to InFED as an IIM-affiliated incubator with seed/early-stage focus, mentor networks, and ecosystem partnerships — typically more investor-oriented than InFED.
• 100xVC (100x.VC): 100x.VC is an early-stage investment firm and iSAFE note pioneer backing Indian startups from pre-seed through Series A. It is comparable to InFED as a listed partner providing early-stage funding opportunities to InFED's portfolio startups, operating in a similar ecosystem-builder role.
• Villgro Innovations Foundation: Villgro is a Section 8 non-profit incubator supporting impact-driven startups in health, agriculture, and sustainability. It is directly comparable to InFED as a non-profit, mission-driven incubator with sector focus areas (AgriTech, HealthTech, Circular Economy) that overlap InFED's stated priorities.

Broad incumbents

• Atal Innovation Mission (NITI Aayog): Atal Innovation Mission is a flagship Government of India initiative promoting innovation and entrepreneurship through Atal Tinkering Labs and Atal Incubation Centers. It is comparable to InFED as a national-level ecosystem enabler, though significantly larger and policy-driven rather than operating as a single incubator.

Regional players

• Marwari Catalysts: Marwari Catalysts is a regional startup accelerator based in Rajasthan supporting early-stage founders with mentorship and funding. It is comparable to InFED as a regional Indian incubator with a community-led GTM motion and similar early-stage support programs, though focused on a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/infed
• Xx.com/infed_iimn
• Facebookfacebook.com/infed.iimn

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about InFED