iQue Ventures Startup Park
Overview
IQue Ventures Startup Park is a comprehensive initiative by IQue Ventures aimed at transforming the startup ecosystem in India. Launched in 2025, the project involves a significant investment of Rs 600 crore, with its first facility opening in Bengaluru on September 15, 2025. The park is designed to support over 200 startups and create more than 10,000 jobs within the next 18 months. It offers early-stage businesses resources like infrastructure, funding access, mentorship programs, and collaborative workspaces. The founder and CEO of IQue Ventures, Shafi Shoukath, envisions this as a crucial step in boosting the startup environment in India and globally.
Recent Developments
- August 16, 2025: IQue Ventures announced the launch of the Startup Park, a Rs 600 crore initiative aimed at empowering startups. The first phase, with an investment of Rs 50 crore, will open in Bengaluru on September 15. The park aims to create 10,000 jobs and support over 200 startups by addressing the challenges faced by startups in accessing infrastructure, funding, and mentorship.
- August 15, 2025: Reports highlighted the strategic significance of the Startup Park project, noting its potential to address systemic challenges in India's startup ecosystem, especially during a period of decreased funding and increased startup closures.
- July 2025: Discussions around the launch of similar Startup Parks in other major Indian cities and even global locations such as Dubai were hinted at, reflecting IQue Ventures' broader vision of creating a network of connected startup hubs.
- IQue Ventures also emphasized the role of the Startup Park as a platform for global expansion, providing startups with resources for international growth and funding from overseas investors.
- July 31, 2025: Initial networking events hosted by IQue Ventures further established connections with global investors and experts in accelerator programs, enhancing the ecosystem's collaborative potential.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2023 |
| Headquarters | Bengaluru, Karnataka, India |
| Founders | Shafi Shoukath |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Various; involved in private venture |
| Industry | Technology, Information, and Internet |
| Number of Employees | 201-500 |
Early History
IQue Ventures was established in 2023 with a vision to enhance the startup ecosystem in India by providing robust support in the form of investment, incubation, and advisory services. Shafi Shoukath, the founder, and CEO, emphasized the need for a platform where startups could grow and scale efficiently. The creation of the Startup Park was a response to the numerous hurdles faced by startups, especially in obtaining infrastructure and mentorship. Initial funding and resources were mobilized through strategic partnerships and networking within the technology sector.
Company Profile and Achievements
IQue Ventures primarily functions as a private incubator and investment firm, focusing on driving innovation through strategic investments and support.
- 2018 Onwards: The establishment of IQue Ventures marked its early focus on creating an all-encompassing ecosystem for emerging startups. Under the leadership of Shafi Shoukath, the company began developing initiatives that would culminate in the Startup Park.
- Strategic Investments: Over the years, IQue Ventures made strategic investments in sectors such as AI, Fintech, and Healthtech, each carefully selected to align with India's digitalization agenda.
- Startup Park Phase I: The commencement of the Startup Park in Bengaluru marks a major milestone, providing essential resources to startups under one roof, including labs, coworking spaces, and mentorship opportunities.
- Networking and Expansion: The company has built a vast network of global investors, experts, and mentors, facilitating significant opportunities for startups to receive international exposure and funding.
Current Operations and Market Position
IQue Ventures continues to position itself as a leader in the Indian startup ecosystem through proactive initiatives like the Startup Park. The park itself offers a unique combination of infrastructure, mentoring, and funding access designed to provide startups with a comprehensive growth environment. In the competitive startup landscape of Bengaluru, often dubbed the Silicon Valley of India, IQue Ventures leverages its strategic location and extensive network to maintain its competitive edge. Initiatives are in place to expand the Startup Park model to other cities, reflecting its scalable approach to fostering innovation across India.
Conclusion
IQue Ventures Startup Park represents a significant leap in creating a conducive environment for burgeoning businesses in India. By addressing critical startup challenges such as infrastructure, mentorship, and funding, it aims to empower a new generation of entrepreneurs. As IQue Ventures progresses toward replicating this model across India and potentially globally, the Startup Park serves not only as a support system for startups but also as a transformative platform that could redefine India's position in the global startup ecosystem. The project's success could inspire similar initiatives, further solidifying IQue Ventures' leadership in fostering innovation-driven growth.