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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Foundation For Innovation And Technology Transfer
-
Annual Revenue
$3.12 M (USD)17as on Mar 31, 2023
-
Net Profit
$199.82 K (USD)7as on Mar 31, 2023
-
EBITDA
$242.18 K (USD)27as on Mar 31, 2023
-
Latest Funding Round
$25.85 K (USD), Grant
Oct 28, 2020
- Investors
-
Employee Count
54
as on May 31, 2025
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of FITT
FITT offers a comprehensive portfolio of products and services, including Incubation Services, Technology Transfer, and R&D Collaboration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Incubation services are provided to support startup growth.
Technology transfer is facilitated for commercializing IP assets.
R&D partnerships are supported for technology development projects.
Unlock access to complete
Unlock access to complete
Funding Insights of FITT
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $25,849
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Grant - FITT | Valuation |
investors |
|
| Mar, 2010 | Amount | Grant - FITT | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FITT
FITT has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by FITT
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - FITT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fitt Comparisons
Competitors of FITT
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Fitt
Frequently Asked Questions about FITT
When was FITT founded?
FITT was founded in 1992 and raised its 1st funding round 18 years after it was founded.
Where is FITT located?
FITT is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
How many employees does FITT have?
As of May 31, 2025, the latest employee count at FITT is 54.
What is the annual revenue of FITT?
Annual revenue of FITT is $3.12M as on Mar 31, 2023.
What does FITT do?
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.
What products or services does FITT offer?
FITT offers Incubation Services, Technology Transfer, and R&D Collaboration.
Who are FITT's investors?
FITT has 1 investor. Key investors include European Union.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.