FITT

Delhi, India Founded: 1992 • Age: 34 yrs
Startups are supported through sector-agnostic incubation, training, and mentorship.
Annual revenue $3.1M Latest available
Total funding - 2 rounds
Employees 54 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About FITT

FITT is a company based in Delhi (India) founded in 1992. It operates as a Professional Services and Aggregator Model. The company has 54 employees as of May 31, 2025. FITT offers products and services including Incubation Services, Technology Transfer, and R&D Collaboration.

  • Headquarter Delhi, India
  • Employees 54 as on 31 May, 2025
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Foundation For Innovation And Technology Transfer
Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.12 M (USD)
    17
    as on Mar 31, 2023
  • Net Profit
    $199.82 K (USD)
    7
    as on Mar 31, 2023
  • EBITDA
    $242.18 K (USD)
    27
    as on Mar 31, 2023
  • Latest Funding Round
    $25.85 K (USD), Grant

    Oct 28, 2020

  • Investors
  • Employee Count
    54

    as on May 31, 2025

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Products & Services of FITT

FITT offers a comprehensive portfolio of products and services, including Incubation Services, Technology Transfer, and R&D Collaboration.

Product name locked
Category locked
Primary

Incubation services are provided to support startup growth.

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Technology transfer is facilitated for commercializing IP assets.

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R&D partnerships are supported for technology development projects.

People of FITT

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Kiran Sabale
Senior Manager - Incubation & Head - Defence Portfolio
People
Foundation For Innovation and Technology Transfer - Iit Delhi
Incubator

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Teams

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Funding Insights of FITT

Investors in FITT

FITT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for FITT

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Investments & Acquisitions by FITT

Investments
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Investment portfolio details for FITT

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  • Transaction dates
  • Round details
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Financial Statements - FITT

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Detailed financials for FITT

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  • Profit trends
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Fitt Comparisons

FITT Primary company
Description
Startups are supported through sector-agnostic incubation, t...
Location
Delhi, India
Founded Year
1992
Annual Revenue
$3.12 M (USD)
Net Profit
$199.82 K (USD)
EBITDA
$242.18 K (USD)
Employees
54
As of 2025
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Peer comparison for FITT

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Competitors of FITT

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Detailed competitors of FITT

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Latest news on Fitt

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Complete news archive for FITT

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Frequently Asked Questions about FITT

FITT was founded in 1992 and raised its 1st funding round 18 years after it was founded.

FITT is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

As of May 31, 2025, the latest employee count at FITT is 54.

Annual revenue of FITT is $3.12M as on Mar 31, 2023.

FITT is recognized as an industry-academia interface organization at IIT Delhi. Research translation, technology development, and IP management are facilitated by FITT. Technology transfer and commercialization are supported through licensing and RD collaborations. Startup incubation and mentoring are provided to foster innovation. The Research and Innovation Park is managed to enable advanced technological solutions. Sectors such as biotechnology, health-tech, and electronics are covered through various programs and partnerships.

FITT offers Incubation Services, Technology Transfer, and R&D Collaboration.

FITT has 1 investor. Key investors include European Union.

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