MaDeIT Innovation Foundation Overview

  • Investor Type
  • Accelerator/​Incubator

  • Status
  • Active

  • Professionals
  • 1

Professionals

  • Investments
  • 28

  • Portfolio
  • 24

  • Exits
  • 4

Exits

MaDeIT Innovation Foundation General Information

Company Description

Founded in 2016, MaDeIT Innovation Foundation is an accelerator and incubator firm based in Chennai, India.

Business Details

Website
www.madeit.iiitdm.ac.in
Year Founded
2016
Investor Status
Actively Seeking New Investments
Primary Investor Type
Accelerator/Incubator
Corporate Office
  • IIITDM Kancheepuram Campus
  • Melakottaiyur Village, Off Vandalur-Kelambakkam Road
  • Chennai, 600127
  • India
+91 099626

MaDeIT Innovation Foundation Investments (28)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
RefractX 01-Nov-2024 Accelerator/Incubator Industrial Supplies and Parts Startup
Sri Chara Infotech 01-Nov-2024 Electrical Equipment Startup
Karotimam 12-Dec-2023 Electrical Equipment Generating Revenue
Canary Applied Intelligence 01-Jan-2022 Other Healthcare Technology Systems Generating Revenue
ProLeg 01-Jan-2022 Therapeutic Devices Out of Business
My Pahadi Dukan 06-Nov-2021 Food Products Generating Revenue
Seventh Horse Agri-Tech 01-May-2021 Machinery (B2B) Generating Revenue
Way2Grow 01-May-2021 Cultivation Generating Revenue
Honeycore Products 01-Jan-2021 Accelerator/Incubator Paper Containers and Packaging Out of Business
Magronic 01-Jan-2020 Accelerator/Incubator Other Consumer Non-Durables Generating Revenue
You’re viewing 10 of 28 investments. Get the full list »

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

MaDeIT Innovation Foundation Exits (4)

Company Name Exit Date Exit Type Exit Size
CUEDIO Technologies 31-Mar-2026 Out of Business
ProLeg 03-Mar-2026
Honeycore Products 02-Nov-2025 Out of Business
FR8 01-Feb-2025 Secondary Transaction - Private
To view MaDeIT Innovation Foundation’s complete exits history, request access »

MaDeIT Innovation Foundation Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

PitchBook’s data visualizations quickly surface an investor’s historical investments—showing a breakdown of activity by industry, year and region.

Request a free trial

MaDeIT Innovation Foundation Co-Investors (1)

Name With Exits Lead Partner Series Industry
IITM Pravartak Series chart Industry bar
To view MaDeIT Innovation Foundation’s complete co-investors history, request access »

MaDeIT Innovation Foundation FAQs

  • What is MaDeIT Innovation Foundation?

    Founded in 2016, MaDeIT Innovation Foundation is an accelerator and incubator firm based in Chennai, India.

  • When was MaDeIT Innovation Foundation founded?

    MaDeIT Innovation Foundation was founded in 2016.

  • Where is MaDeIT Innovation Foundation headquartered?

    MaDeIT Innovation Foundation is headquartered in Chennai, India.

  • How many investments has MaDeIT Innovation Foundation made?

    MaDeIT Innovation Foundation has made 28 investments.

  • What has MaDeIT Innovation Foundation invested in?

    MaDeIT Innovation Foundation has made numerous investments in companies like RefractX, Sri Chara Infotech, and Karotimam within the Industrial Supplies and Parts and Electrical Equipment industries.

  • What has MaDeIT Innovation Foundation invested in recently?

    MaDeIT Innovation Foundation's latest investment was on 01-Nov-2024 in RefractX, a company within the Industrial Supplies and Parts industry.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process