JITO Incubation & Innovation Foundation

Investment decisions are made within each of the three vehicles — JITO Incubation Centre, JITO Angel Network, and JITO Shark Angels — under the oversight of Chairman Rajat Mehta and Director Incharge Rajesh Jain. The Shark Angels platform, being more selective, operates with a higher degree of curation, while the Angel Network is designed to syndicate deals across the broader 1,000-member base. JIIF does not publicly disclose a separate investment committee.

Deal flow comes primarily from within the Jain International Trade Organisation network, which connects JIIF to Jain industrialists and professionals globally. JITO USA serves as a strategic partner for international deal sourcing, while the JITO Incubation Centre specifically scouts Jain-founded startups. The parent organization's density in Indian business hubs effectively turns community relationships into a proprietary sourcing channel.

Neither. JIIF is an angel network and incubation platform owned by JITO, a trade organization. It pools capital from roughly 1,000 Jain investors rather than a single family, though the collective functions with some of the club-deal intimacy of a family office. The foundation runs paid membership tiers with carry structures, which makes its economic model closer to an angel network than a traditional venture fund.

JITO is the parent organization and sole owner of JIIF. The foundation was created in 2017 as JITO's dedicated startup-investing arm, and its leadership — including Chairman Rajat Mehta and Apex President Kantilal Oswal — is drawn from JITO's governance. The investment activity operates alongside JITO's philanthropic foundations, including JITO Administrative Training Foundation and JITO Shraman Arogyam.

The JITO Incubation Centre incubates Jain-founder startups specifically — 55 to date — but the JITO Angel Network and JITO Shark Angels invest more broadly across the Indian early-stage ecosystem. Portfolio companies BluSmart and AjnaLens, for example, were selected as growth-story features on JIIF's website, and JIIF has not stated they are Jain-founded.

JIIF publishes its fee schedule publicly. Annual membership costs INR 88,500 with no investment fees, while a two-year membership at INR 31,860 per year carries a 2.5% charge on each investment. A three-year tier costs INR 177,000 total with no per-investment fee. Members can upgrade from two to three years by paying the difference — roughly INR 145,140 — to avoid the 2.5% charge, provided no investments have been made yet.

The philanthropic work runs through separate JITO foundations — JITO Administrative Training Foundation, JITO Awas Yojna, JITO Sarvoday Foundation and JITO Shraman Arogyam — rather than through JIIF itself. However, JIIF's mandate explicitly links entrepreneurship to JITO's broader mission of socio-economic empowerment, making the boundary between for-profit incubation and community welfare more fluid than at a conventional asset manager.