IIMA Ventures
IIMA Ventures is a leading startup incubator and venture capital firm based in Ahmedabad, Gujarat. Established in 2002 at the Indian Institute of Management Ahmedabad, it has evolved into a significant player in India's early-stage tech investment landscape. The organization focuses on fostering entrepreneurial growth through a holistic ecosystem that includes incubation, acceleration, investment, and ecosystem building. IIMA Ventures supports early-stage startups, particularly in Tier 2 and Tier 3 cities, with specialized programs in areas such as deep tech, climate tech, and fintech. It has
Investing activity
IIMA Ventures appears in 2 AI deals tracked by the AI Lounge deals desk, and led 1 of them. The rounds are mostly Seed and Pre-seed, with a median round size of $421K. The most recent are Aignosis (Seed, ₹4Cr, Oct 2026) and JobsUPI (Pre-seed, $250K, Jun 2026).
IIMA Ventures most often invests alongside Nikhil Kamath, Antler, Varun Dua and Anshoo Sharma, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about IIMA Ventures
What AI companies has IIMA Ventures invested in?
IIMA Ventures's AI investments include Aignosis and JobsUPI. The 2 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is IIMA Ventures based?
IIMA Ventures is based in Ahmedabad, Gujarat, India.
What stage does IIMA Ventures invest at?
In the rounds tracked on AI Lounge, IIMA Ventures has invested at Seed and Pre-seed, with a median round of $421K. IIMA Ventures led 1 of those rounds.
Who does IIMA Ventures co-invest with?
IIMA Ventures's most frequent co-investors on AI Lounge are Nikhil Kamath (1 deal), Antler (1 deal), Varun Dua (1 deal), Anshoo Sharma (1 deal) and Amit Jain (1 deal).
How can founders reach IIMA Ventures?
Founders on AI Lounge can see IIMA Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add IIMA Ventures to their Investor Pipeline to track the conversation.