Apr 06: Early–stage investment platform JITO Incubation and Innovation Foundation (JIIF) has invested over ₹150 crore across more than 100 pre-seed and seed-stage startups over the past two years and plans to deploy an additional ₹80–100 crore over the next 12–18 months. The start-up incubator reported over 15 exits during the period.
The platform has also made a ₹26.5 crore investment in Mumbai-based Atomic Capital, marking its entry into a fund-of-funds approach. The move allows JIIF to participate in a wider set of investment opportunities beyond direct startup investments.
JIIF said it plans to launch an accelerator programme focused on the Asia-Pacific region, covering India, the Middle East and Southeast Asia. The programme will target early–stage startups across sectors such as artificial intelligence, fintech, climate, mobility and digital infrastructure.
Over the next 12–18 months, the platform plans to invest approximately ₹80–100 crore, with an aim to back 20–25 startups annually. Its investment ticket size currently ranges between ₹1.5 crore and ₹2 crore depending on stage and sector.
The portfolio is spread across sectors including AI and deeptech (15%), consumer and D2C (25%), health (15%), fintech (15–20%), and mobility and sustainability (20%), among others. Some of the sectors, including consumer, mobility and fintech, have seen relatively quicker exits through secondary transactions and buybacks.
Some of its portfolio companies include Aten Porus, Elixia, Zintlr, DTown Robotics, Nautical Wings, BatX, S3V, Stroom, Snackible, Elefant, among others across sectors such as SaaS, defence tech, mobility, sustainability, health tech and D2C.
Commenting on the development, JIIF Chairman Jeenendra Bhandari said, “We have focused on building a founder-first investment platform that goes beyond capital. Our partnerships with platforms such as Startup Singham and Lead to Unicorn have helped us access high-quality opportunities. Our investment in Atomic Capital marks a significant step in expanding our investment capabilities and accessing differentiated opportunities. Alongside, the planned APAC accelerator programme will support founders at scale across geographies.”
The platform said its exits have primarily taken place through secondary transactions and buybacks, with returns aligned to its target IRR of 20–30%+ over the lifecycle of investments.
