India, 12th September 2024 – JITO Incubation and Innovation Foundation (JIIF), the only community-based angel network, announces the launch of JITO Incubation Centre (JIC) Cohort 10 Incubation Program with the mission to foster innovation and support early-stage startups. Building on the success of Cohorts 8 and 9, which included path-breaking ventures across various sectors, JIIF continues to drive innovation with this latest initiative.
With the launch of Cohort 10, featuring startups from diverse sectors and regions across India, JIIF continues to champion the future of innovation, tackling real-world challenges with cutting-edge solutions. This recently successfully concluded Cohort 10 Bootcamp, held from August 1st to August 3rd, 2024, marked another milestone in JIIF’s goal to support emerging entrepreneurs. This entirely online bootcamp offered a comprehensive learning environment with interactive workshops, panel discussions, and networking opportunities, engaging over 100 participants. From this competitive pool, nine standout startups were selected to join the JIC Cohort 10.
The selected startups for Cohort 10 included – Meri Bhakti, a digital platform enhancing spiritual journeys with innovative worship tools; Kwei, which integrates live streaming and chat into applications; Oatizens, a brand revolutionizing oats-based products beyond breakfast; ChemcAl, leveraging AI for data-driven solutions in the chemical industry; Teachspoon Edtech, improving higher education accessibility through animated resources; Nuava Sports, digitizing sports infrastructure in educational institutions; Claw Legaltech, India’s first SaaS platform for Generative AI products in the legal sector; Mono Space, transforming the wedding industry with WedTech solutions; and VrisaElectric, delivering sustainable and affordable electric vehicles.
Rajat Mehta, Chairman of JITO Incubation and Innovation Foundation (JIIF), said, “The launch of Cohort 10 is a significant milestone in our journey of building innovation. We are excited to support these startups as they address pressing societal challenges, building on the success of Cohorts 8 and 9, that promoted entrepreneurial excellence in line with the ‘Make in India’ initiative. We believe Cohort 10 will enhance our reputation, expand our network, facilitate knowledge exchange, and drive ecosystem growth, ensuring continuous support for budding ventures.”
Cohort 10 startups will be a three-month incubation journey, benefiting from JIIF’s mentoring, co-working spaces, and strategic support. The 12-week program will offer extensive benefits, including business mentoring, marketing assistance, and access to national and international events, promoting collaboration and providing exposure to government grants and schemes.
Vikash Kawar, Vice-Chairman of JITO Incubation Centre (JIC), added, “With each new cohort, we reaffirm our commitment as a dedicated growth partner for startups. We’re proud to provide these startups with the resources and mentorship they need to scale and transform industries. Witnessing the potential of India’s entrepreneurs, we’re honored to contribute to PM Modi’s vision of a ‘Viksit Bharat,’ and we believe our efforts will continue to attract investments and drive digital innovation in India.”
Cohort 8 highlighted women-led startups excelling in D2C and EdTech, while Cohort 9 showcased dynamic ventures across logistics, EdTech, and other sectors. JIC is now proud to be at the forefront of this movement, positioning itself as a “skin-in-the-game” growth partner for startups.
JIIF also opened applications for Cohort 11, with a deadline of September 30th, 2024. Since its inception in 2017, JIC has been transforming the startup scene by nurturing new-age founders and attracting numerous applicants to its impactful cohort-based programs.