JIIF plans to invest Rs 80-100 crore in 12-18 months in early-stage startups

Investment platform JITO Incubation and Innovation Foundation on Monday said it plans to invest Rs 80-100 crore in early-stage startups in the next 12-18 months.

The platform has invested over Rs 150 crore across more than 100 pre-seed and seed-stage startups over the past two years, and reported over 15 exits during the period.

“Over the next 12-18 months, the platform plans to invest approximately Rs 80-100 crore, with an aim to back 20-25 startups annually. Its investment ticket size currently ranges between Rs 1.5 crore and Rs 2 crore, depending on stage and sector,” JIIF said in a statement.