When was IIIT Bangalore founded?

IIIT Bangalore was founded in 1998.

Where is IIIT Bangalore's headquarters located?

IIIT Bangalore's headquarters is located in Bengaluru (India).

How many companies has IIIT Bangalore invested in?

IIIT Bangalore has invested in 6 companies, including Scienaptic & nSmiles.

Which companies has IIIT Bangalore invested in lately?

BharatGo & Machstatz are the latest investments by IIIT Bangalore.

IIIT Bangalore - 2026 Investor Profile, Portfolio, Team & Investment Trends

Q: How big is IIIT Bangalore's investment team?

IIIT Bangalore has a team of 4.

1. Scienaptic

Provider of an AI-powered credit decisioning platform for financial institutions. The platform automates and enhances credit underwriting processes. It integrates with existing lending ecosystems to provide automated credit decisions. The companys technology uses diverse data sources and machine learning algorithms to score applicants, including those without traditional credit scores, and aims to promote fair and equitable lending.

Key facts about Scienaptic

Founded Year: 2014
Location: New York City (United States)
Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
Stage: Series A
Total Funding till date: $9.9M
Employee Count: 125 as on Aug 31, 2025
Investors: TVS Motor, IIIT Bangalore and 7 Others
Latest Funding Round: Series A, Sep 09, 2024, $*****
Highlight: Editors' Pick

2. nSmiles

nSmiles offers a suite of mobile apps for mental and emotional wellness. Its range of apps includes Happy Being App, a daily mind care trainer; Pregnancy Body-Mind Care, for to be and expecting mothers and nSmiles Club, a self-assessment and expert help app. Claims to be confidential and based on practical and evidence-based techniques. Runner-up at the "Global Startup Battle" 2014.

Key facts about nSmiles

Founded Year: 2013
Location: Bengaluru (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2022
Valuation: $*****
Stage: Seed
Total Funding till date: $270K
Employee Count: 1 as on Apr 30, 2021
Investors: Axilor Ventures, IIIT Bangalore and 11 Others
Latest Funding Round: Angel, Apr 15, 2019, $*****

3. BharatGo

SaaS-based platform to create e-commerce store for businesses. It enables D2C and local businesses to take up online orders and serve customers. The features of the platform include onboarding, ONDC integration, analytics and reporting, store customization, inventory management, and more.

Key facts about BharatGo

Founded Year: 2023
Location: Pune (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Stage: Seed
Total Funding till date: $18.1K
Employee Count: 9 as on May 31, 2026
Investors: IIIT Bangalore, MIT WPU TBI and 2 Others
Latest Funding Round: Grant (prize money), Mar 31, 2024, $*****

4. Machstatz

Provider of IoT-based analytics platform for machine condition monitoring. Its offers an IoT which can be used for the configuration of smart sensors using Wi-Fi and Lora-based technologies and existing machines of the production floor, through drag and drop interface. It extracts data from users to analyze and discover hidden patterns and correlations which can be used for production, machine uptime and predict failures on a real-time basis.

Key facts about Machstatz

Founded Year: 2017
Location: Bengaluru (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2023
Valuation: $*****
Stage: Seed
Total Funding till date: $101K
Employee Count: 3 as on May 31, 2026
Investors: IIIT Hyderabad, IIMA Ventures and 10 Others
Latest Funding Round: Seed, Apr 01, 2021, $*****
Highlight: Editors' Pick

5. Agroblock

Provider of blockchain-powered traceability solutions for agricultural supply chains. It enables end-to-end visibility from growers to consumers. It provides SaaS platform leveraging blockchain, AI, and IoT for traceability-as-a-service in perishable agricultural products, tracking shipments, ensuring accountability for quality degradation, and eliminating intermediaries.

Key facts about Agroblock

Founded Year: 2016
Location: Bengaluru (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Stage: Funding Raised
Investors: IIIT Bangalore

View the full list of portfolio companies

IIIT Bangalore has invested in 6 companies over the last 9 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in BharatGo.

Here are IIIT Bangalore's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	0	0
2025	0	0	0
2024	0	0	0
2023	1	0	1
2022	0	0	0
2021	1	0	1
2020	0	0	0
2019	0	0	0
2018	0	0	0
2017	1	0	1

View all investments by IIIT Bangalore

IIIT Bangalore has made 2 investments in Seed stage with an average round size of $58.3K and 1 investment in Grant (prize money) stage.

Here are IIIT Bangalore's investments by stage:

Stage of entry	No. of Investments
Seed	2
Grant (prize money)	1

Note: We have considered here, only first round of investments

View all investments by IIIT Bangalore

IIIT Bangalore has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Consumer, HealthTech and High Tech. Notably, it has invested in 6 Tech companies, 5 Software companies, 4 Enterprise (B2B) companies and at least 3 companies focusing on Consumer (B2C).

Here are IIIT Bangalore's investments by sector:

Sector	No. of Investments
Enterprise Applications	3
Vertical SaaS	2
Consumer	1
HealthTech	1
High Tech	1
Others	3

Note: We have considered here, only first round of investments

View all investments by IIIT Bangalore

IIIT Bangalore has made most investments in India (3).

View all investments by IIIT Bangalore

IIIT Bangalore has not made any investment in 2026 so far.

Here are the most recent investments by IIIT Bangalore:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Aug 05, 2023	BharatGo	India	Grant (prize money)	1610	MIT WPU TBI
Apr 01, 2021	Machstatz	India	Seed	3250	IIIT Hyderabad [+1]
Aug 14, 2017	nSmiles	India	Seed	3446	Lakshmi Vijay Ratnaparkhe

See more recent investments made by IIIT Bangalore

IIIT Bangalore has a team of 4 members including 2 Partners located in India. IIIT Bangalore's team does not sit on the board of any company as of now.

View team details of IIIT Bangalore

Over the past 9 years, 19 investors have co-invested in IIIT Bangalore's portfolio companies. This includes funds and angels.

Invested before IIIT Bangalore: Axilor Ventures, Startup Karnataka and 4 others have invested in rounds before IIIT Bangalore. There is 1 company where Axilor Ventures has invested before IIIT Bangalore and 1 company where Startup Karnataka has invested before IIIT Bangalore.
Top Co-investors of IIIT Bangalore: 5 investors entered a company along with IIIT Bangalore. These include investors like Lakshmi Vijay Ratnaparkhe (1 company).
Invested after IIIT Bangalore: A total of 8 investors have invested in IIIT Bangalore's portfolio after their investments. Top Investors include Babu P (1 company) and Manjula Sridhar (1 company).