IIMA Ventures

IIMA Ventures is an accelerator firm founded in 2007 and based in Ahmedabad, India. The firm aims to deliver significant impact to entrepreneurship in the country by supporting purpose-driven entrepreneurs who leverage technology to address some of India's most pressing challenges. It provides seed funding and incubation support to aspiring entrepreneurs, focusing on sectors such as information technology, cleantech, healthcare, and education. By fostering innovative business models tailored to the Indian context, IIMA Ventures plays a crucial role in nurturing the entrepreneurial ecosystem in India.

Sandeep Koujalgi

VP - Bharat Inclusion Initiative

Vipul Patel

Partner - Seed Investing

Past deals in Industrial Gases

Nabhdrishti Aerospace

Seed Round in 2025
Nabhdrishti Aerospace specializes in designing and manufacturing small gas turbines. The company's products cater to various applications, including hybrid electric urban air mobility, unmanned aerial vehicles (UAVs), cruise missiles, and decentralized power generation. Their indigenous technology aims to provide higher efficiency and lower costs compared to other turbines in its class. Nabhdrishti Aerospace offers these state-of-the-art gas turbines to empower diverse industries, promoting cleaner fuels and reduced emissions.

Nabhdrishti Aerospace

Pre Seed Round in 2024
Nabhdrishti Aerospace specializes in designing and manufacturing small gas turbines. The company's products cater to various applications, including hybrid electric urban air mobility, unmanned aerial vehicles (UAVs), cruise missiles, and decentralized power generation. Their indigenous technology aims to provide higher efficiency and lower costs compared to other turbines in its class. Nabhdrishti Aerospace offers these state-of-the-art gas turbines to empower diverse industries, promoting cleaner fuels and reduced emissions.
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