The IIIT-H Foundation

The IIIT-H Foundation is a government entity and is backed by  Backed by IIIT Hyderabad..

Located at Hyderabad, The IIIT-H Foundation receives around  300-600 applications every year. The program duration for each batch is 6-12 months.

Their Mission – As part of its mandate to encourage entrepreneurship both inside and outside the IIIT-H community, the IIIT-H Foundation runs a seed fund, and manages over 34,000 sft of space that consists of a co-working space and incubator known as the Centre for Innovation and Entrepreneurship (CIE) on the IIIT-H campus. CIE is one of the largest Incubators in India, with over 60 startups under its roof. We provide mentorship, access to funding, low cost service providers on site such as accountants, lawyers, patent firms, UI/UX designers etc, great spaces, a series of events and educational workshops, as well as a thriving community of like-minded entrepreneurs. We partner with almost every major startup ecosystem player in India, and several abroad, to build a healthy and vibrant entrepreneur ecosystem and community that supports startups in building technology-differentiated products and in taking them to market to become successful.

Top Startups from this Accelerator – IIIT-H Foundation portfolio companies ~ MARTMOBI (1st Indian company to graduate from TechStars USA. Raised seed round in 2013, angel round in 2014) – MartMobi helps online retailers increase conversion of mobile traffic by instantly creating fabulous mobile experiences that will lead to increased engagement and sales. ~ INCIGHTS (raised seed round in 2013, angel round in 2014) – InCights is a voice biometric solutions company delivering verification, identification and profiling services. ~ MANJEERA DIGITAL (raised seed round in 2012, angel round in 2013) – Manjeera Digital Systems is a DSP R&D house designing next generation computing architectures for high performance computing, and addresses the bottlenecks of existing processor/co-processor/accelerator architectures. ~ IMAGINATE (won World Economic Forum NEXT B2B startup award in Germany in 2014. Raised seed round in 2013) – Imaginate is an augmented reality (AR) and virtual reality (VR) technology based enterprise that offers innovative visualization products and services. Its flagship product, Dressy, is a web engine that enables an ecommerce fashion store to offer its guests a personalized shopping experience through virtual trial, custom size recommendations and real time social share. ~ SETU (raised seed round in 2010, angel round in 2011) – SETU is a technology company primarily focused in the areas of search and information access technologies using text and natural language processing. IIIT-H Foundation Launchpad companies ~ APPVIRALITY (graduated from Microsoft Ventures accelerator in early 2014, raised angel round in 2015) – AppVirality’s flagship product is a Growth Hacking Toolkit for Mobile Apps that helps app developers in identifying and implementing the right growth techniques to boost app installs and user engagement. ~ FLATPEBBLE (graduated from Microsoft Ventures accelerator in late 2014, raised angel round in 2014) – FlatPebble helps consumers connect with professional service providers like photographers, tutors among others, and provides world class video and photo portfolios, budget estimator for customers, verified reviews, and an easy communication system. ~ WAZZAT LABS (top 3 at MIT-GSL accelerator program in 2014, just graduated from Target accelerator program) – Wazzat Labs is a mobile-enabled image processing, computer vision and graphics solutions firm, and its flagship product can be trained to recognise real world objects ranging from printed materials to places and buildings. ~ BRTHE (won AngelHack Hyderabad 2014, part of AngelHack Global Demo Day 2014 in San Francisco) – Brthe is your personal concierge that gets you the best mix of information and services you need, just at the right time, without you having to dig for them.

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