The Work Index by Flexa

IIMA Ventures

IIMA Ventures is an incubation center and accelerator that supports and fosters entrepreneurship in India by providing resources such as funding, mentorship, and networking opportunities to early-stage businesses.

6.7

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Description

IIMA Ventures, formerly known as IIMA-CIIE, is an entrepreneurship center based at the Indian Institute of Management Ahmedabad (IIM Ahmedabad). They are dedicated to supporting and accelerating the growth of startups in India, particularly in the areas of Deep Tech, Digitization, and Climate Tech. They offer a range of services including incubation programs, seed investments, and venture capital, as well as research and learning resources for entrepreneurs and their champions.

IIMA Ventures operates across various regions of India, with physical centers in Ahmedabad, Indore, Jaipur, and Guwahati. They have a strong focus on fostering entrepreneurship in Tier 2 and Tier 3 cities, and their programs are designed to provide contextualized, stage-relevant support for startups at different stages of development. They work with a variety of partners, including corporates, multilaterals, investors, and government stakeholders, to create a robust ecosystem that supports the growth of early-stage ventures.

Flexibility

IIMA Ventures offers a flexible work environment, with employees having the option to work from different locations, including Ahmedabad, Guwahati, Indore, and Jaipur. The company actively engages with students and provides various internship opportunities, with many interns transitioning into full-time roles. The company also supports a culture of collaboration and continuous learning, with leaders being accessible and suggestions being taken seriously. Overall, IIMA Ventures provides a welcoming and flexible workplace that encourages employee growth and development.

Benefits

IIMA Ventures offers a comprehensive package of employee benefits aimed at fostering a positive and supportive work environment. These include access to state-of-the-art infrastructure, including workstations, meeting rooms, and high-speed wifi, as well as unlimited tea and coffee. Employees also benefit from a vibrant community of like-minded individuals, access to mentorship and guidance, and the opportunity to network with other entrepreneurs and investors. Additionally, IIMA Ventures provides partner benefits, such as exclusive offers and credits from their partner ecosystem, and a comfortable work environment with biometric-secured premises and vehicle parking.

Mission

IIMA Ventures is dedicated to fostering innovation-driven entrepreneurship in India by providing a comprehensive ecosystem of support for startups. They offer incubation spaces, mentorship programs, seed funding, and venture capital investments across various sectors, with a special focus on DeepTech, Digitization, and Sustainability. Their mission is to nurture fearless entrepreneurs who are building disruptive solutions that will create positive impact and drive economic growth in India and beyond.

Data-driven
Disruptor
Environmental impact driven
Science and research driven
Social impact led
Sustainability
Tech for good

Culture

IIMA Ventures fosters a culture that values integrity, excellence, customer focus, and accountability. They emphasize a collaborative and transparent work environment, prioritizing continuous learning and growth for their team members. This "One Family" approach encourages a sense of belonging and a shared commitment to supporting and accelerating the growth of startups in India.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
People-first
Progressive
Supportive

DE&I

IIMA Ventures is committed to building a diverse, equitable and inclusive workplace. They believe in fostering a culture of collaboration, transparency, and continuous learning, and actively engage students through internship opportunities. They also provide specialized support for women-focused innovations in fintech through their Fintech for Women's Financial Inclusion program, demonstrating their commitment to supporting diverse entrepreneurs.

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