About AIC-CCMB
AIC-CCMB, an accelerator and incubator program founded in 2017, is based in Hyderabad, India. With a presence in 3 countries, it has supported around 39 startups in sectors like Life Sciences, HealthTech. As of Apr 2026, AIC-CCMB has witnessed 1 portfolio exit. Most notable companies in
its portfolio include Huwel Life, Virupaksha and Startoon Labs. The program is backed by a team of 25 people who primarily support Seed startups based in India. Its latest investment was a $44.3K Seed round in Consytel Life Sciences on Jan 16, 2026.
Key Metrics
Founded Year
2017
Location
Hyderabad, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
AIC-CCMB's List of Top Investments
AIC-CCMB has a portfolio of 39 companies. Their most notable investments are in Consytel Life Sciences and Startoon Labs.Their portfolio spans across India, Austria and Spain. They have invested in Life Sciences, HealthTech, High Tech and 8 other sectors, across stages such as Seed stage. Here is the list of top investments by AIC-CCMB:
1. Huwel Life
Molecular diagnostic solutions and products for the healthcare industry. It offers a range of products and services, including custom oligonucleotide synthesis, molecular biology products like enzymes and reagents, and more. It develops DNA and RNA-based assays, recombinant enzymes, and the chemical synthesis of oligonucleotides.
Key facts about Huwel Life
2. Virupaksha
Manufacturer of active pharmaceutical ingredients and pharmaceutical intermediate compounds. The company produces substances providing pharmacological activity used in medications. It also manufactures key components used in the production of life-saving medications. The company focuses on manufacturing from starting materials.
Key facts about Virupaksha
- Founded Year: 2003
- Location: Hyderabad (India)
- Annual Revenue: ₹817Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $12.8M
- Employee Count: 274 as on Aug 21, 2025
- Investors: AIC-CCMB, Slppcapitalinvestment and 163 Others
- Latest Funding Round: Series B, Jul 18, 2024, $*****
Developer of medical device for physiotherapy assessment, monitoring, and reporting. The device tracks movement and generates reports to show progress during treatment. It offers a tool for physiotherapists to communicate patient recovery. The device monitors range of motion and surface EMG bio feedback.
Key facts about Startoon Labs
- Founded Year: 2017
- Location: Secunderabad (India)
- Annual Revenue: ₹78.9L as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $465K
- Employee Count: 22 as on May 31, 2025
- Investors: IKP Knowledge Park, Guptaji invests and 14 Others
- Latest Funding Round: Seed, Apr 14, 2023, $*****
- Highlight: Editors' Pick
4. Mobilab
Provider of software defined cloud integration solutions for healthcare. It offer a multi-parameter POCT device called Mobilab V1, providing Vital 10 tests for Kidney, Liver, Heart, and Hematology. It has been integrated into digital telemedicine platform, allowing remote consultations between doctors and patients.
Key facts about Mobilab
5. Achira
Provider of diagnostic medical devices for screening Covid 19. Platform combines disposable plastic components with embedded dry reagents and a cloud-connected fluorescent scanner, allowing for efficient testing at the point of care. Company developing fabric-based lateral flow assays that utilize woven materials for diagnostic testing.
Key facts about Achira
- Founded Year: 2009
- Location: Bengaluru (India)
- Annual Revenue: ₹3.75Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $13.1M
- Employee Count: 46 as on Aug 31, 2025
- Investors: Cipla, Nadathur and 14 Others
- Latest Funding Round: Series B, May 15, 2024, $*****
- Highlight: Editors' Pick
AIC-CCMB's Year-on-Year Investment Trends
AIC-CCMB has invested in 39 companies over the last 5 years, with an average of 2 new investments annually in the last 5 years. As of Jan 2026, it has made 1 investment in this year. Its most recent first time investment was in Consytel Life Sciences and most recent follow-on round was in Caldor Health Technologies.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 2 | 0 | 2 |
2022 | 4 | 1 | 5 |
2021 | 2 | 0 | 2 |
AIC-CCMB's Investments by Stage
AIC-CCMB has made 9 investments in Seed stage with an average round size of $106K.AIC-CCMB's Investments by Sector
AIC-CCMB has a diverse portfolio, with companies operating in the Life Sciences, Enterprise Applications, HealthTech, High Tech and Healthcare. Notably, it has invested in 28 Enterprise (B2B) companies, 26 Tech companies, 15 Tech hardware companies and at least 10 companies focusing on Software.Sector | No. of Investments |
|---|---|
Life Sciences | 6 |
Enterprise Applications | 3 |
HealthTech | 3 |
High Tech | 3 |
Healthcare | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
AIC-CCMB's Investments by Geography
AIC-CCMB has made most investments in India (9).AIC-CCMB's recent investments
AIC-CCMB has made 1 investments in 2026 so far - Consytel Life Sciences.Here are the most recent investments by AIC-CCMB:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 16, 2026 | India | Seed | 4724 | - | |
Nov 01, 2024 | India | Seed | 4782 | ||
Mar 24, 2023 | India | Seed | 1102 | - | |
Feb 01, 2023 | India | Seed | 9124 | ||
Aug 31, 2022 | India | Seed | 2016 | - |
Acquired companies in AIC-CCMB's Portfolio
1 company from AIC-CCMB's portfolio has been acquired. The most recent acquisition were AVRA Laboratories in Jan 2022 by Advent International.Here are AIC-CCMB's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 24, 2022 | - | - | 9038 |
Team profile of AIC-CCMB
AIC-CCMB has a team of 25 members including 3 Partners and 3 Principals located in India. AIC-CCMB's team does not sit on the board of any company as of now.Here is a list of top team members in AIC-CCMB:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Hyderabad | - | ||
Partner | - | - | ||
Partner | Hyderabad | - | ||
Principal | - | - | - | |
Principal | Hyderabad | - | - | |
Principal | Hyderabad | - | - |
Co-investors of AIC-CCMB
Over the past 5 years, 55 investors have co-invested in AIC-CCMB's portfolio companies. This includes funds and angels.
- Invested before AIC-CCMB: Mohammed Suhail, Ravuri Niranjan and 12 others have invested in rounds before AIC-CCMB. There is 1 company where Mohammed Suhail has invested before AIC-CCMB and 1 company where Ravuri Niranjan has invested before AIC-CCMB.
- Top Co-investors of AIC-CCMB: 21 investors entered a company along with AIC-CCMB. These include investors like Sravan Kumar Narasipuram (1 company).
- Invested after AIC-CCMB: A total of 20 investors have invested in AIC-CCMB's portfolio after their investments. Top Investors include Guptaji invests (1 company) and IIT Indore (1 company).
