About IIM Lucknow Enterprise Incubation Centre
IIM Lucknow Enterprise Incubation Centre, an accelerator and incubator program founded in 2011, is based in Noida, India. With a presence in 3 countries, it has supported around 124 startups in sectors like Enterprise Applications, High Tech. Most notable companies in
its portfolio include Simulanis, Constems-AI and NapTapGo. The program is backed by a team of 14 people who primarily support Seed startups based in India. Its latest investment was a $2M Seed round in Constems-AI on Mar 11, 2026, which also saw participation from Finvolve and Inflection Point Ventures.
Key Metrics
Founded Year
2011
Location
Noida, India
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series B
Locations of Investment
IIM Lucknow Enterprise Incubation Centre's List of Top Investments
IIM Lucknow Enterprise Incubation Centre has a portfolio of 124 companies. Their most notable investments are in BillClap and Aadrila.Their portfolio spans across India, United States and Canada. They have invested in Enterprise Applications, High Tech, Food and Agriculture Tech and 31 other sectors, across stages such as Seed, Series B stages. Here is the list of top investments by IIM Lucknow Enterprise Incubation Centre:1. Simulanis
Provides AI-powered XR, simulation and immersive training solutions for industrial workforce development. It develops interactive products and turnkey systems that improve workforce safety, skills and productivity across industries. Its offerings include training simulations, XR platforms, physical simulator systems, digital twins, performance analytics and remote-assistance solutions.
Key facts about Simulanis
- Founded Year: 2013
- Location: Delhi (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.44M
- Employee Count: 104 as on May 31, 2026
- Investors: Village Capital, Plugin Alliance and 22 Others
- Latest Funding Round: Seed, Dec 20, 2021, $*****
- Highlight: Editors' Pick
2. Constems-AI
Provider of computer vision powered solutions for surveillance and video analytics. Its product Bovi AI analytic is a platform built on their proprietary computer vision technology. They offer solutions like access control,intrusion control systems,child monitoring and more.
Key facts about Constems-AI
- Founded Year: 2015
- Location: Noida (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $3.04M
- Employee Count: 44 as on Jul 31, 2025
- Investors: Finvolve, Plugin Alliance and 14 Others
- Latest Funding Round: Seed, Mar 11, 2026, $*****
- Highlight: Editors' Pick
3. NapTapGo
Provider of pod hotel stays, offering hourly and nightly accommodations. The company delivers essential amenities, focusing on comfort, convenience, and technology integration. It provides streamlined online reservations and check-in processes. The company aims to offer a comfortable and safe environment for short-term stays.
Key facts about NapTapGo
- Founded Year: 2023
- Location: Noida (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $1.68M
- Employee Count: 6 as on May 31, 2025
- Investors: Balmer Lawrie & Co., Inflection Point Ventures and 2 Others
- Latest Funding Round: Seed, Jul 16, 2026, $*****
- Highlight: Editors' Pick
Provider of software for carbon accounting and environmental compliance reporting. This platform enables organizations to track emissions, manage energy consumption, and monitor water usage. It facilitates the calculation of carbon footprints across various scopes and supports adherence to international sustainability frameworks. The software automates data collection for regulatory disclosures and provides tools for pollution monitoring and decarbonization planning. Users can generate reports for environmental performance analysis and manage resource efficiency to meet sustainability targets.
Key facts about The Sustainability Cloud
- Founded Year: 2011
- Location: Gurugram (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $4.73M
- Employee Count: 35 as on Mar 31, 2026
- Investors: Shell, Rainmatter and 19 Others
- Latest Funding Round: Series A, Jul 17, 2025, $*****
- Highlight: Editors' Pick
5. Easiofy
Developer of AI-powered tools for medical image analysis and collaboration. It provides platform ImagiXAI which is a cloud-based AI system for medical images like CT, MRI, X-ray that helps clinicians. It provide transformative technologies to redefine diagnostic and treatment planning standards and enhance patient outcomes globally. It offers automatic segmentation of regions of interest for surgical and radiation planning.
Key facts about Easiofy
IIM Lucknow Enterprise Incubation Centre's Year-on-Year Investment Trends
IIM Lucknow Enterprise Incubation Centre has invested in 124 companies over the last 9 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in PrepAud and most recent follow-on round was in Constems-AI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 1 | 2 | 3 |
2024 | 10 | 0 | 10 |
2023 | 3 | 2 | 5 |
2022 | 6 | 0 | 6 |
2021 | 0 | 0 | 0 |
2020 | 2 | 0 | 2 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
2017 | 3 | 0 | 3 |
IIM Lucknow Enterprise Incubation Centre's Investments by Stage
IIM Lucknow Enterprise Incubation Centre has made 25 investments in Seed stage with an average round size of $95.7K and 1 investment in Series B stage with an average round size of $10M.Stage of entry | No. of Investments |
|---|---|
Seed | 25 |
Series B | 1 |
Note: We have considered here, only first round of investments
IIM Lucknow Enterprise Incubation Centre's Investments by Sector
IIM Lucknow Enterprise Incubation Centre has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, High Tech, FinTech and Transportation and Logistics Tech. Notably, it has invested in 100 Tech companies, 76 Enterprise (B2B) companies, 55 Consumer (B2C) companies and at least 51 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 10 |
Consumer | 6 |
High Tech | 5 |
FinTech | 4 |
Transportation and Logistics Tech | 4 |
Others | 32 |
Note: We have considered here, only first round of investments
IIM Lucknow Enterprise Incubation Centre's Investments by Geography
IIM Lucknow Enterprise Incubation Centre has made most investments in India (26).IIM Lucknow Enterprise Incubation Centre's recent investments
IIM Lucknow Enterprise Incubation Centre has made 1 investments in 2026 so far - Constems-AI.Here are the most recent investments by IIM Lucknow Enterprise Incubation Centre:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 11, 2026 | India | Seed | 8481 | [+4] | |
Jul 19, 2025 | India | Seed | 3551 | - | |
Jul 15, 2025 | India | Seed | 8954 | - | |
Mar 21, 2025 | India | Seed | 3008 | [+3] | |
Dec 13, 2024 | India | Seed | 9317 | - |
Team profile of IIM Lucknow Enterprise Incubation Centre
IIM Lucknow Enterprise Incubation Centre has a team of 14 members including 2 Partners and 1 Principal located in India. IIM Lucknow Enterprise Incubation Centre's team does not sit on the board of any company as of now.Here is a list of top team members in IIM Lucknow Enterprise Incubation Centre:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | India | - | ||
Partner | Delhi | - | ||
Principal | Faridabad | - | - |
Co-investors of IIM Lucknow Enterprise Incubation Centre
Over the past 9 years, 127 investors have co-invested in IIM Lucknow Enterprise Incubation Centre's portfolio companies. This includes funds and angels.
- Invested before IIM Lucknow Enterprise Incubation Centre: Shardul Suresh Adkar, Minal Shrikant Kapare and 41 others have invested in rounds before IIM Lucknow Enterprise Incubation Centre. There is 1 company where Shardul Suresh Adkar has invested before IIM Lucknow Enterprise Incubation Centre and 1 company where Minal Shrikant Kapare has invested before IIM Lucknow Enterprise Incubation Centre.
- Top Co-investors of IIM Lucknow Enterprise Incubation Centre: 54 investors entered a company along with IIM Lucknow Enterprise Incubation Centre. These include investors like Balmer Lawrie & Co. (1 company).
- Invested after IIM Lucknow Enterprise Incubation Centre: A total of 30 investors have invested in IIM Lucknow Enterprise Incubation Centre's portfolio after their investments. Top Investors include ONGC (2 companies) and SIDBI (2 companies).
Recent News related to IIM Lucknow Enterprise Incubation Centre
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SIDBI, Pentland Ventures, IIML EIC, and SIIC IIT Kanpur Invest in Pradivya Software Pvt LtdAsian News International•Apr 28, 2025•Worker Union Support, SIDBI, Pentland Ventures, IIML EIC
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LogicLadder Secures $2.5M Funding to Champion Global Climate ActionDevdiscourse•Jun 03, 2024•LogicLadder, BIG Capital, Rainmatter, Big Bang Capital and 4 others
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International Financial Services Centres Authority inks MoU with IIML–EIC to boost FinTech supportAsian News International•Jul 13, 2023•IIML EIC, IFSCA
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Sanchiconnect: Sanchiconnect inks MoU with IIM Lucknow to to expedite funding for deep tech companiesIndiatimes•Oct 17, 2022•SanchiConnect, IIM Lucknow, IIML EIC
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Agritech startup Farmers Family signs MoU with IIM Lucknow – Enterprise Incubation CentreCyberMedia India Online•Jul 29, 2021•IIML EIC, Farmers Family
