About CIIE
CIIE is a company based in Ahmedabad (India) founded in 2007. Startup incubator. It operates on a B2B model. The company has 118 employees. Its Indian entity Ciie Advisors Private Limited reported revenue of ₹8.17 Cr.
Company details
The Centre for Innovation Incubation and Entrepreneurship (CIIE) is based in Ahmedabad, India, where startup incubation is conducted across sectors such as agriculture, clean technology, health care, and information and communication technology. Over 500 startups have been supported through structured programs. Equity-based investments, ranging from Rs 5 lakhs to Rs 5 crores, are extended to selected participants.
- Headquarters Ahmedabad, India
- Employees 118
- Website ciie.co
- Social LinkedIn X Facebook
- Legal Name Ciie Advisors Private Limited
- Date of Incorporation 13 Oct, 2017
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹8.17 Cr
FY 2026 · +11% YoY
- Net Profit₹17.6 Lakh
FY 2026 · 2% margin
- EBITDA₹25 Lakh
FY 2026 · 3% margin
- Employee Count118
Associated legal entities of CIIE
CIIE operates through Ciie Advisors Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ciie Advisors Private Limited CIN U74999GJ2017PTC099468 | Active | 13 Oct 2017 | Ahmedabad, Gujarat | ₹8.2 Cr | 7 | 5 | View details |
Board of directors of Ciie Advisors Private Limited (CIIE)
Ciie Advisors Private Limited is the primary company behind CIIE. The board of Ciie Advisors Private Limited currently have 5 directors; the longest-serving is Kunal Upadhyay, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kunal Upadhyay DIN 01430750 | Director | 13 Oct 2017 | 9 yrs | Ciie Advisors Private Limited |
| Arumugam Aramvalarthanathan DIN 00899041 | Director | 11 Dec 2017 | 8 yrs 10 mo | Ciie Advisors Private Limited |
| Neharika Vohra DIN 06808439 | Director | 11 Dec 2017 | 8 yrs 10 mo | Ciie Advisors Private Limited |
| Rakesh Basant DIN 00793155 | Director | 11 Dec 2017 | 8 yrs 10 mo | Ciie Advisors Private Limited |
| Kiran Sharadchandra Karnik DIN 00542951 | Director | 25 Mar 2018 | 8 yrs 7 mo | Ciie Advisors Private Limited |
Financials of CIIE
Figures of Ciie Advisors Private Limited, the primary company behind CIIE, for FY 2026. Revenue was ₹8.17 Cr (+11% year on year). Net profit was ₹17.6 Lakh (2% margin). EBITDA was ₹25 Lakh (3% margin). Revenue has grown at a compounded annual rate of -13% over three years and -6% over five years.
- ₹8.17 CrRevenue · FY 2026 · +11% YoY
- ₹17.6 LakhNet profit · 2% margin
- ₹25 LakhEBITDA · 3% margin
- ₹7,010Paid-up capital
- 7Employees (provident fund records)
- -13%Revenue CAGR, 3 years
- -6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ciie Advisors Private Limited are on its company page.
Detailed financial statements for CIIE
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Frequently Asked Questions about CIIE
CIIE was founded in 2007.
CIIE is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
CIIE has 118 employees.
The primary company behind CIIE, Ciie Advisors Private Limited, reported revenue of ₹8.17 Cr for FY 2026, up 11% year on year.
The Centre for Innovation Incubation and Entrepreneurship (CIIE) is based in Ahmedabad, India, where startup incubation is conducted across sectors such as agriculture, clean technology, health care, and information and communication technology. Over 500 startups have been supported through structured programs. Equity-based investments, ranging from Rs 5 lakhs to Rs 5 crores, are extended to selected participants.
CIIE operates through Ciie Advisors Private Limited.
The legal entities of CIIE currently have 5 directors, including Kiran Sharadchandra Karnik, Arumugam Aramvalarthanathan, Neharika Vohra and others.