ITEL Foundation Overview

  • Investor Type
  • Accelerator/​Incubator

  • Status
  • Active

  • Professionals
  • 1

Professionals

  • Investments
  • 23

  • Portfolio
  • 22

ITEL Foundation General Information

Company Description

ITEL Foundation is an incubator firm based in Chennai, India. The firm provides mentorship, resources, and support to passionate entrepreneurs. The firm seeks to invest in transportation, artificial intelligence, space technology, healthcare, and sustainable solutions.

Business Details

Website
www.itelfoundation.in
Investor Status
Actively Seeking New Investments
Primary Investor Type
Accelerator/Incubator
Corporate Office
  • E3-02, Third Floor, E-Block IIT Madras Research Park
  • MGR Film City Road, Kanagam Tharamani
  • Chennai, 600113
  • India
+91 044

ITEL Foundation Investments (23)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Reneonix 26-Feb-2026 Seed Round Other Commercial Products Generating Revenue
ABsix Robotics Educational Software Generating Revenue
AIResQ Climsols Other Commercial Products Generating Revenue
AR4 Tech Automotive Generating Revenue
Art-PV India Alternative Energy Equipment Startup
Bipolar Factory IT Consulting and Outsourcing Generating Revenue
Dexsent Robotics Machinery (B2B) Startup
Fib-Sol Life Technologies Agricultural Chemicals Generating Revenue
FinFresh Accelerator/Incubator Financial Software Generating Revenue
Flowtrik Accelerator/Incubator Electrical Equipment Generating Revenue
You’re viewing 10 of 23 investments. Get the full list »

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ITEL Foundation Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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ITEL Foundation Co-Investors (4)

Name With Exits Lead Partner Series Industry
Department of Science and Technology 1 Series chart Industry bar
Inflection Point Ventures (India) Series chart Industry bar
NSRCEL-IIMB Series chart Industry bar
SustainTN Series chart Industry bar
To view ITEL Foundation’s complete co-investors history, request access »

ITEL Foundation FAQs

  • What is ITEL Foundation?

    ITEL Foundation is an incubator firm based in Chennai, India.

  • Where is ITEL Foundation headquartered?

    ITEL Foundation is headquartered in Chennai, India.

  • How many investments has ITEL Foundation made?

    ITEL Foundation has made 23 investments.

  • What has ITEL Foundation invested in?

    ITEL Foundation has made numerous investments in companies like Reneonix, ABsix Robotics, and AIResQ Climsols within the Commercial Products and Educational Software industries.

  • What has ITEL Foundation invested in recently?

    ITEL Foundation's latest investment was on 26-Feb-2026 in Reneonix, a company within the Commercial Products industry.

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