Riidl
Overview
Riidl (Research Innovation Incubation Design Labs) is a technology business incubator and accelerator affiliated with Somaiya Vidyavihar University in Mumbai. Founded in 2010, it provides early-stage startups with incubation, mentorship, lab access, and funding opportunities. Riidl is supported by Indian government bodies, including the Department of Science & Technology (DST) and the Department of Biotechnology (DBT). The organization takes equity in the startups it supports, typically in the range of 4-6%, and has made over 54 investments. It focuses on sectors including High Tech, Enterprise Applications, and HealthTech. Notable companies from its portfolio include Miko and PharmEasy.
Portfolio Companies
8
Website
riidl.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Orage Digital Private Limited | Nov 2023 | Seed | Co-investor |
| Vegannovative Solution Private Limited | Aug 2022 | Seed | Co-investor |
| Swipe | Feb 2022 | Seed | Co-investor |
| SwipeIT | Aug 2021 | Accelerator | Co-investor |
| Swipe | Aug 2021 | Accelerator | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
