‘We have already crossed half of our FY26 investment targets’

Startup incubator IIMA Ventures is bullish on three broad innovation frontiers, including deeptech and frontier tech, digital acceleration and decarbonisation, its CEO and Managing Partner Priyanka Chopra tells S Shanthi in an interview.

- S Shanthi

Backed by the Indian Institute of Management Ahmedabad (IIMA), the firm operates a mix of balance sheet capital and partnerled funds. Its notable investments include Razorpay, Agnikul, Fourth Partner Energy, Biosense, and IdeaForge. Excerpts: How many investments have you made so far this financial year? Tell us about your upcoming investments.

We plan to make roughly 50 investments across our broad themes of deeptech, climate tech and digitisation by the end of FY26. Across all our thematic areas of focus, we have already crossed the halfway mark of our investment targets for this financial year. Overall, since our launch in 2002, we have invested in over 400 startups at pre-seed and seed stages. Cumulatively, startups supported by us have raised follow-on capital of over $3 billion.

What is the cheque size you are looking at for these investments?