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Home > Startups > JIIF deploys ₹60+ crore in 20+ startups in FY 2024-25

JIIF deploys ₹60+ crore in 20+ startups in FY 2024-25

JIIF has strategically invested in high-growth ventures across fintech, health & wellness, logistics, and mobility like Plan B, Zintlr, Flo Mobility, Store My Goods and Almonds AI.

Abhinav Kumar Singh
Last updated: April 11, 2025 2:57 AM
By Abhinav Kumar Singh
JIIF deploys ₹60+ crore in 20+ startups in FY 2024-25
JIIF deploys ₹60+ crore in 20+ startups in FY 2024-25
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JITO Incubation and Innovation Foundation (JIIF), an early-stage business incubator and angel network, has invested over ₹60+ crores in more than 20 startups during FY2024-25.

JIIF has strategically invested in high-growth ventures across fintech, health & wellness, logistics, and mobility like Plan B, Zintlr, Flo Mobility, Store My Goods and Almonds AI.

Within just seven years of operations, JIIF has backed 108 startups with investments exceeding ₹260 crores, with 20 startups successfully raising their next rounds this year alone. The network has attracted over 750 investors across 30+ cities and 5+ countries, driving more than 108 investments through 7000+ deals.

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JIIF has incubated 25 startups through 3 dedicated cohorts, out of which more than 30% have already raised their seed round. Additionally, 30 seed-stage startups incubated by JIIF to date have demonstrated aggressive month-on-month growth, securing next-round funding at 3x-5x higher valuations.

With a strong presence in more than 12 sectors like logistics, fintech, GIS, social networking, and biotechnology, JIIF provides both growth capital and strategic mentorship to next-generation enterprises.

Looking ahead, JIIF aims to invest in 50+ new startups across emerging technology domains.

“We are committed to identifying and supporting early-stage startups that are redefining industries with disruptive technologies and innovative business models. Our INR 60 Crore investment in 2024-2025 is a testament to our mission of driving India’s next wave of entrepreneurial success,” said Jeenendra Bhandari, Chairman, JITO Incubation and Innovation Foundation.

TAGGED:JIIF

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