The JITO Incubation and Innovation Foundation (JIIF) is an entrepreneurial initiative under the Jain International Trade Organisation (JITO). Established to foster an ecosystem of innovation and socio-economic development, JIIF facilitates angel investments and startup incubation. JIIF plays a critical role in supporting early-stage companies, particularly those founded by members of the Jain community. Based in India, it has invested over INR 150 crores in more than 80 startups, holding a significant position as one of the largest angel networks in the country.
| Attribute | Information |
|---|---|
| Founding Date | 2017 |
| Headquarters | Mumbai, India |
| Founders | Jain International Trade Organisation |
| Revenue | Not Publicly Disclosed |
| Profits | Not Publicly Disclosed |
| Key Investors | Jain Community Members, Various Angels |
| Industry | Venture Capital, Business Incubation |
| Number of Employees | Not Publicly Disclosed |
JIIF was established in 2017 by the Jain International Trade Organisation to address the lack of structured support for budding entrepreneurs within the community. The foundation was driven by the vision of creating an innovation-powered entrepreneurial ecosystem. Its mission has been to nurture startups, provide seed capital, and foster strategic growth through mentoring. Early on, JIIF focused on technology-driven startups, quickly gaining traction within India's burgeoning startup ecosystem. The foundation utilized its extensive resources and network to help startups gain initial traction and facilitated critical early-stage funding.
JIIF is structured to promote entrepreneurship through a robust combination of funding and mentorship. The foundation operates an incubation center, offering resources to startups tailored toward scaling operations and technological advancement. Notable achievements include:
Today, JIIF is recognized as a prime mover in India's angel investment space, particularly active in sectors that include technology and financial services. It serves as a critical hub for Jain entrepreneurs, providing a structured pathway from ideation through to business proliferation. The foundation's influence extends to pre-seed investment rounds for numerous startups, bolstered by its strong community-driven investor network. Despite the crowded Indian venture capital landscape, JIIF's focus on community connection and bespoke support positions it uniquely within the market.
JIIF's substantial impact on the Indian entrepreneurial scene, particularly within the Jain community, underscores its significance as a catalyst for innovation and startup growth. The foundation's success in enabling early-stage ventures and fostering a culture of community-driven achievements highlights its strategic influence. Looking forward, JIIF’s expansion plans and continued support for diversity-driven innovation signal ongoing contribution to India's economic and technological landscapes.