JITO Incubation and Innovation Foundation (JIIF) announced the launch of its JITO Incubation Centre (JIC) Cohort 10 Incubation Program.
Building on the success of Cohorts 8 and 9, which included path-breaking ventures across various sectors, JIIF continues to drive innovation with this latest initiative. Since its inception in 2017, JIC has been transforming the startup scene by nurturing new-age founders and consistently attracting numerous applicants for its impactful cohort-based programs.
Cohort 8 highlighted women-led startups excelling in D2C and EdTech, while Cohort 9 showcased dynamic ventures across logistics, EdTech, and other sectors. JIC is now proud to be at the forefront of this movement, positioning itself as a “skin-in-the-game” growth partner for startups. With the launch of Cohort 10, which featured startups from diverse sectors and regions across India, JIIF continues to champion the future of innovation, tackling real-world challenges with cutting-edge solutions.
This recently successfully concluded Cohort 10 Bootcamp, held from August 1st to August 3rd, 2024, marked another milestone in JIIF’s mission to support emerging entrepreneurs. This entirely online bootcamp offered a comprehensive learning environment with interactive workshops, panel discussions, and networking opportunities, engaging over 100 participants. From this competitive pool, nine standout startups were selected to join the Cohort 10 Incubation Program.
The selected startups for Cohort 10 included – Meri Bhakti, a digital platform enhancing spiritual journeys with innovative worship tools; Kwei, which integrates live streaming and chat into applications; Oatizens, a brand revolutionizing oats-based products beyond breakfast; ChemcAl, leveraging AI for data-driven solutions in the chemical industry; Teachspoon Edtech, improving higher education accessibility through animated resources; Nuava Sports, digitizing sports infrastructure in educational institutions; Claw Legaltech, India’s first SaaS platform for Generative AI products in the legal sector; Mono Space, transforming the wedding industry with WedTech solutions; and VrisaElectric, delivering sustainable and affordable electric vehicles.
Rajat Mehta, Chairman of JITO Incubation and Innovation Foundation (JIIF), said, “The launch of Cohort 10 marks a significant milestone in our journey of building innovation. We are excited to support these startups as they tackle pressing societal challenges, continuing the success of Cohorts 8 and 9, which have promoted entrepreneurial excellence in line with the ‘Make in India’ initiative. We believe Cohort 10 will enhance our reputation, expand our network, facilitate knowledge exchange, and drive ecosystem growth, ensuring continuous support for budding ventures.”
Vikash Kawar, Vice-Chairman of JITO Incubation Centre (JIC), added, “With each new cohort, we reaffirm our commitment as a dedicated growth partner for startups. Cohort 10 symbolizes the diverse and dynamic spirit of India’s entrepreneurial ecosystem. We’re proud to provide these startups with the resources and mentorship they need to scale and transform industries. Witnessing the potential of India’s entrepreneurs, we’re honored to contribute to PM Modi’s vision of a ‘Viksit Bharat,’ and we believe our efforts will continue to attract investments and drive digital innovation in India.”
Started in August, Cohort 10 startups boarded on a three-month incubation journey, benefiting from JIIF’s mentoring, co-working spaces, and strategic support. Due to the overwhelming response and high-quality applicants, JIIF also opened applications for Cohort 11, with a deadline of September 30th, 2024.
The 12-week program will offer extensive benefits, including business mentoring, marketing assistance, and access to national and international events, promoting collaboration and providing exposure to government grants and schemes.
JIIF, a subsidiary of the Jain International Trade Organization (JITO), is recognized by the Central Government under the Startup India Seed Fund Scheme (SISFS) and State Government under the Maharashtra State Innovation Society (MSINS), JIFF has invested ₹200+ crores in 80 companies and incubating 35+ budding entrepreneurs.
