Bet early and exit often: How IIMA Ventures creates a healthy investment cycle

The startup incubator, which is part of the Indian Institute of Management-Ahmedabad (IIM-A), has been barred from raising funds from institutional investors due to regulations governing educational institutions’ participation in commercial, for-profit activities. As a result, IIMA Ventures does not operate a fund and instead invests through its balance sheet. The company, which invests in pre-seed and seed stage companies, has doubled its check amounts since last year, from the previous $200,000 to $500,000.