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 78 startups in sectors like Consumer, Retail. Most notable companies in
its portfolio include IMumz, Hoopr 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 78 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 28 other sectors, across stages such as Seed stage. Here is the list of top investments by AIC-GIM Foundation:1. 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: Titan Capital, Enzia Ventures and 74 Others
- Latest Funding Round: Seed, Oct 11, 2022, $*****
- Highlight: Editors' Pick
2. 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: $2.44M
- Employee Count: 37 as on Aug 31, 2026
- Investors: CapFort Ventures, Dholakia Ventures and 52 Others
- Latest Funding Round: Seed, Feb 21, 2026, $*****
- 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
4. Adiabatic
Manufacturer of lithium battery packs and energy management system components. This business produces energy storage units, battery management systems, and charging hardware for robotics, drones, and mobile equipment. The production process covers the design and assembly of the full energy stack to support various industrial applications.
Key facts about Adiabatic
- Founded Year: 2022
- Location: Ahmednagar (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.14M
- Employee Count: 26 as on Jul 31, 2026
- Investors: Malpani Ventures, Soonicorn Ventures and 17 Others
- Latest Funding Round: Seed, Jul 28, 2026, $*****
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
AIC-GIM Foundation's Year-on-Year Investment Trends
AIC-GIM Foundation has invested in 78 companies over the last 4 years, with an average of 2 new investments 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 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
AIC-GIM Foundation's Investments by Stage
AIC-GIM Foundation has made 7 investments in Seed stage with an average round size of $295K.AIC-GIM Foundation's Investments by Sector
AIC-GIM Foundation has a diverse portfolio, with companies operating in the Consumer, Energy Tech, Environment Tech, Sustainability Tech and Auto. Notably, it has invested in 40 Tech companies, 26 Consumer (B2C) companies, 22 Enterprise (B2B) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
Energy Tech | 2 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Auto | 1 |
Others | 10 |
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 (7).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 | 1253 | - | |
Jan 30, 2026 | India | Seed | 6208 | - | |
Nov 08, 2025 | India | Seed | 3158 | [+4] | |
Jan 27, 2024 | India | Seed | 2005 | ||
Dec 29, 2023 | India | Seed | 2564 |
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, 80 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 29 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: 19 investors entered a company along with AIC-GIM Foundation. These include investors like Vinitkumar Subhashchandra Agrawal (1 company).
- Invested after AIC-GIM Foundation: A total of 30 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).
