Centre for Innovation Incubation & Entrepreneurship

The Centre for Innovation Incubation & Entrepreneurship (CIIE) is a venture capital firm based at the Indian Institute of Management Ahmedabad (IIMA). Established in 2002, CIIE focuses on supporting early-stage startups through incubation, acceleration, and investment, aiming to foster innovation-driven entrepreneurship in India. The firm operates as a Centre of Excellence recognized by the Department of Science and Technology, Government of India, and is supported by the Ministry of Electronics and Information Technology under the TIDE2.0 scheme.

CIIE's investment strategy encompasses a wide range of stages, including Seed, Early Stage, Series A, Series B, Growth, Late Stage, Pre-IPO, Buyout, Turnaround, and Distressed investments. The firm has a geographical focus on India and invests across various industries, such as Technology, Healthcare, Agriculture, Energy, Clean Technology, Education, Financial Services, Biotechnology, Information Technology, Renewable Energy, Social Impact, Infrastructure, Media, Consumer Goods, and Logistics. Investment sizes typically range from $1 million to $5 million.

Over the years, CIIE has mentored over 7,000 founders, accelerated more than 1,500 startups, and provided catalytic capital to over 700 companies. The firm has been a pioneer in multiple initiatives, including India's first accelerator – iAccelerator, India's largest idea scouting competition – The Power of Ideas, India's first climate fund – INFUSE Ventures, and India's biggest platform for inclusive fintechs – Bharat Inclusion Initiative. CIIE's track record reflects its commitment to nurturing and scaling innovative startups across diverse sectors in India.