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JITO Incubation Centre concludes Cohort 11, invites applications for Cohort 12

EntrackrEntrackr · 4m ago
JITO Incubation Centre concludes Cohort 11, invites applications for Cohort 12
Medial

JITO Incubation Centre concludes Cohort 11, invites applications for Cohort 12 JITO Incubation Centre (JIC) has concluded Cohort 11, furthering its mission to foster innovation and entrepreneurship in India. The program has significantly impacted participating startups by providing strategic mentorship, funding opportunities, and networking avenues, enabling them to scale and refine their business models. According to JIIF, JIC has played an instrumental role in helping startups transform challenges into opportunities. The recently concluded Cohort 11 Bootcamp Program received over 120 applications from diverse sectors, including API, e-commerce, fashion and beauty, defense, healthcare and fitness, financial services, and FMCG. Through an intensive selection process, eight promising startups were chosen to embark on a transformative 12-week journey. The selected startups for Cohort 11 included 11ZA, DefenceForge, SellerSetu, Inkriti, DiagnoPro, Milletto & Nutto, ShopIQ, and Dagriya Fintech. With the successful conclusion of Cohort 11, JIC is now inviting applications for Cohort 12. Aspiring entrepreneurs with disruptive business ideas are encouraged to apply. The 12-week Incubation Program offers a wide range of benefits, including incubation and co-working facilities, technology and business mentorship, marketing support, networking opportunities, access to national and international events for global exposure, and collaboration with government grants and schemes. JIC will invest up to Rs 1 crore in shortlisted startups for Cohort 12. JITO Incubation Centre is a startup incubator dedicated to empowering visionary entrepreneurs through strategic guidance, mentorship, and funding opportunities. With a value-driven approach and an extensive support ecosystem, JIC plays a pivotal role in shaping the future of Indian startups.

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Pandas Box, Divine Hindu and Blep Petcare get funding at Elevate Demo Day

EntrackrEntrackr · 4m ago
Pandas Box, Divine Hindu and Blep Petcare get funding at Elevate Demo Day
Medial

Pandas Box, Divine Hindu and Blep Petcare have raised Rs 1 crore each during the Elevate Demo Day, part of D2C Insider’s Early Stage Growth Cohort. Ten brands from Cohort 3 pitched their ideas to a jury of investors, including D2C Insider Angels, DSG Consumer Partners, V3 Ventures, Indian Angel Network, Sharrp Ventures, Consumer Collective by Atrium Angels and Fireside Ventures. The event in Gurugram drew over 50 investors and was followed by the D2C Insider CXO Meet, which hosted more than 150 founders. Kunal Bahl, founder of Snapdeal and Titan Capital, served as the chief guest. Participants in Cohort 3 completed a 12-week program featuring 20+ live sessions on business development, one-on-one mentorship from industry leaders, and networking opportunities. Looking ahead, applications for Cohort 4 of the Elevate program will close soon with the next cohort set to commence. Interested applicants can register at Elevate Registration.

JIIF incubated Startup Select Brands raises 6.5 Cr in pre-Series A

EntrackrEntrackr · 1y ago
JIIF incubated Startup Select Brands raises 6.5 Cr in pre-Series A
Medial

Select Brands, incubated at JITO Incubation and Innovation Foundation (JIIF), has secured Rs 6.5 crore in its Pre-Series A funding round led by Agra Gwalior Pathways and Airen Holdings. Other marquee investors include We Founder Circle, Prataap Snacks, Apricot Foods, Workie, and IVY League Ventures. The funding will be utilised to expand its current operations and to explore new territories and broaden its reach through category expansion, the company said in a press release. Founded by brothers Agam Choudhary and Saksham Jain in 2022, Select Brands’ journey began with the launch of Kyari in April 2022, a D2C brand offering home-grown plants. With multiple plant varieties catering to different needs and spaces, Kyari quickly gained traction among plant enthusiasts. “Basically, we are entering multiple categories by launching new brands and focusing on the growth of existing ones. Approximately 70% of the capital will be invested in existing sub-brand growth, which is Kyari, while around 30% will be allocated to new sub-brands,” said Choudhary in a press release. Kyari claims to have sales of Rs 4 crore in its first fiscal year (FY23) and currently records monthly sales of approximately Rs 1.5 crore. JITO Incubation Centre is a structured program that helps with essential resources for startups, including vital components such as mentorship, a global network, technology, peripheral services (such as legal and financial assistance), and business connections, all under one roof.

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