Chandigarh: The Chitkara Innovation Incubator Foundation (CIIF), the entrepreneurship and incubation arm of Chitkara University, has achieved a landmark milestone by funding 101 startups since its inception.
This accomplishment further cements CIIF’s position as a leading force in India’s university-driven innovation and startup ecosystem.
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Established in 2015, CIIF has built a robust, end-to-end incubation model that spans funding, capacity-building, one-on-one mentoring, and strategic industry and investor linkages.
With support from key government bodies such as the Department of Science and Technology (DST), MeitY Startup Hub, Startup India, and Startup Punjab, CIIF has cultivated a vibrant community of more than 5,000 startups, mentored 200+ early-stage ventures, and evaluated over 500 applications annually.
“Reaching the 101-startup funding milestone reflects our deep commitment to nurturing entrepreneurship that solves real-world problems,” said Dr Madhu Chitkara, Pro-Chancellor, Chitkara University.
“Chitkara Innovation Incubator Foundation will continue to empower founders with resources, guidance, and networks that drive meaningful innovation and scalable impact.”
Real-World Impact Through Innovation
CIIF-backed startups are addressing pressing national and global challenges:
- Studycaller (EdTech): With ₹1 crore in funding from angel investor Mahavir Pratap Sharma (TiE), this digital learning platform has accelerated its growth through CIIF’s mentorship and investor connects.
- Aumsat (DeepTech/WaterTech): Leveraging AI and satellite data, Aumsat has solved over 2,600 pipeline leaks and mapped 1.5 lakh km of infrastructure. CIIF supported the venture with ₹50 lakh in funding and continuous product scaling support.
- Adiabatic (Clean Energy): Specializing in high-performance lithium-ion battery packs, Adiabatic has scaled production capacity to 5,000 units per year, driven by CIIF’s incubation and ecosystem support.
- Svastek (HealthTech): With ₹2 crore in funding from IAN Angel Fund and recognition from Shark Tank India, Svastek’s patented respiratory NIV mask is transforming patient care. CIIF guided the company through product development and funding readiness.
These success stories underscore CIIF’s mission to nurture deep-tech and impact-driven startups, especially across fintech, healthtech, agritech, cleantech, and edtech—sectors critical to India’s economic transformation.
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About Chitkara Innovation Incubator Foundation (CIIF)
The Chitkara Innovation Incubator Foundation is a dedicated startup incubation hub under Chitkara University, Punjab.
It offers structured incubation, acceleration programs, strategic mentorship, and funding support, empowering the next generation of Indian entrepreneurs to build globally scalable, impactful ventures.
