About AIC-GIM Foundation
AIC-GIM Foundation, an accelerator and incubator program founded in 2018, is based in Satari, India. With a presence in 1 country, it has supported around 77 startups in sectors like Consumer, Retail. Most notable companies in
its portfolio include Hoopr, IMumz and Nawgati. The program is backed by a team of 1 people who primarily support Seed startups based in India. Its latest investment was a Undisclosed Seed round in Biomed Spedition on Feb 2026.
AIC-GIM Foundation's List of Top Investments
AIC-GIM Foundation has a portfolio of 77 companies. Their most notable investments are in Tinker Village and Nawgati.Their portfolio spans across and India. They have invested in Consumer, Retail, Enterprise Applications and 27 other sectors, across stages such as Seed stage. Here is the list of top investments by AIC-GIM Foundation:
1. Hoopr
Hoopr is an online platform offering royalty-free music for content creators. The platform provides an array of musical content that includes everything from songs, to themes, SFX, etc for vlogs, films, ad campaigns, and more.
Key facts about Hoopr
- Founded Year: 2021
- Location: Mumbai (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.54M
- Employee Count: 36 as on Jun 30, 2026
- Investors: LetsVenture, CapFort Ventures and 52 Others
- Latest Funding Round: Seed, Feb 21, 2026, $*****
- Highlight: Editors' Pick
2. IMumz
Provider of an app for monitoring health and wellness during pregnancy management. The app helps with mindfulness, music therapy, nutrition food advice, conscious breathing, and mild physical activities. It improves physical, emotional, social, spiritual, and intellectual wellness.
Key facts about IMumz
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.22M
- Employee Count: 41 as on Mar 31, 2025
- Investors: We Founder Circle, Titan Capital and 73 Others
- Latest Funding Round: Seed, Oct 11, 2022, $*****
- Highlight: Editors' Pick
3. Nawgati
Developer of a business application and consumer application for fueling. The business application is for fuel providers. The consumer application is for those who consume fuel. The applications provide a fueling toolchain.
Key facts about Nawgati
- Founded Year: 2019
- Location: Noida (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $4.36M
- Employee Count: 29 as on Aug 31, 2025
- Investors: GAIL, Aamara Capital and 51 Others
- Latest Funding Round: Grant (prize money), Feb 07, 2025, $*****
- Highlight: Editors' Pick
Provider of hands-on, curriculum-integrated maths and science learning experiences. It offers activities designed to strengthen maths and science concepts. The company focuses on building skills through portfolio creation. It also provides resources for schools, teachers, and parents to facilitate experiential learning.
Key facts about Tinker Village
Developer of sustainable energy solutions. It is focused on developing cutting edge metal air technology particularly aluminum air fuel cells which offer energy density for multi day energy backup.
Key facts about MEINE Electric
- Founded Year: 2022
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.09M
- Employee Count: 23 as on Jun 30, 2026
- Investors: Venture Catalysts, Z Nation Lab and 18 Others
- Latest Funding Round: Seed, Nov 12, 2025, $*****
AIC-GIM Foundation's Year-on-Year Investment Trends
AIC-GIM Foundation has invested in 77 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 1 investment, while as of Feb 2026, it has made 2 investments in this year. Its most recent first time investment was in Biomed Spedition.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
AIC-GIM Foundation's Investments by Stage
AIC-GIM Foundation has made 6 investments in Seed stage with an average round size of $329K.AIC-GIM Foundation's Investments by Sector
AIC-GIM Foundation has a diverse portfolio, with companies operating in the Energy Tech, Environment Tech, Sustainability Tech, Auto and Auto Tech. Notably, it has invested in 40 Tech companies, 27 Consumer (B2C) companies, 22 Enterprise (B2B) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
Energy Tech | 2 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Auto | 1 |
Auto Tech | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
AIC-GIM Foundation's Investments by Geography
AIC-GIM Foundation has made most investments in India (6).AIC-GIM Foundation's recent investments
AIC-GIM Foundation has made 2 investments in 2026 so far - Biomed Spedition and Tinker Village.Here are the most recent investments by AIC-GIM Foundation:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 2026 | India | Seed | 2071 | - | |
Jan 30, 2026 | India | Seed | 7409 | - | |
Dec 2025 | India | Seed | 3912 | [+1] | |
Dec 29, 2023 | India | Seed | 3261 | [+15] | |
May 2023 | India | Seed | 2126 | - |
Team profile of AIC-GIM Foundation
AIC-GIM Foundation has a team of 1 member located in India. AIC-GIM Foundation's team does not sit on the board of any company as of now.Co-investors of AIC-GIM Foundation
Over the past 4 years, 57 investors have co-invested in AIC-GIM Foundation's portfolio companies. This includes funds and angels.
- Invested before AIC-GIM Foundation: Ajay Upadhyaya, Paresh Valji Shah and 25 others have invested in rounds before AIC-GIM Foundation. There is 1 company where Ajay Upadhyaya has invested before AIC-GIM Foundation and 1 company where Paresh Valji Shah has invested before AIC-GIM Foundation.
- Top Co-investors of AIC-GIM Foundation: 13 investors entered a company along with AIC-GIM Foundation. These include investors like Vinit Agrawal (1 company).
- Invested after AIC-GIM Foundation: A total of 17 investors have invested in AIC-GIM Foundation's portfolio after their investments. Top Investors include Ministry of Electronics & Information Technology (1 company) and Ajay Upadhyaya (1 company).
