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
10
Website
riidl.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| KriSHE Carbon | Mar 2025 | Grant | Co-investor |
| Orage Digital Private Limited | Nov 2023 | Seed | Co-investor |
| Utopian Drinks | Sep 2022 | Pre Seed | Co-investor |
| Vegannovative Solution Private Limited | Aug 2022 | Seed | Co-investor |
| Swipe | Feb 2022 | Seed | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.