About iCreate
iCreate is a Financial Services company based in Ahmedabad (India). It operates as a startups in diverse technologies are incubated over two years. It operates on a Professional Services and Subscription Services model. The company has 30 employees. Its Indian entity Gujarat Foundation For Entrepreneurial Excellence reported revenue of ₹12.75 Cr. iCreate offers products and services including Technology Incubation, Accelerator Programs, and Funding Support. Its focus areas include Technology, Business Incubation and Technology Startups. Its competitors include Imperative Care, LUMA Vision, Verathon, Cardiac Insight and LifeLens and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
iCreate is established as a premier institution for transforming technology-based startups into successful businesses in India. Supported by both the Government of Gujarat and the Government of India, it is focused on fostering next-generation entrepreneurship. Various programs and incubation services are provided to empower youth and encourage innovation in emerging technologies. Collaboration with international and national institutions is facilitated to address key national priorities and big challenges through innovation. Sectors such as electric vehicles, renewable energy, and health tech are targeted through specialized initiatives and accelerator programs.
- Headquarters Ahmedabad, India
- Employees 30
- SectorsFinancial Services
- Phone•••• ••••
- Website icreate.org.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name International Centre For Entrepreneurship And Technology
- Date of Incorporation 05 Sep, 2011
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹12.75 Cr
FY 2022 · +49% YoY
- Net Profit₹1.86 Cr
FY 2022 · 15% margin
- EBITDA₹1.46 Cr
FY 2022 · 11% margin
- Employee Count30
Associated legal entities of iCreate
iCreate operates through Gujarat Foundation For Entrepreneurial Excellence (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Gujarat Foundation For Entrepreneurial Excellence CIN U80903GJ2011NPL066999 | Active | 05 Sep 2011 | Ahmedabad, Gujarat | ₹12.8 Cr | 30 | 8 | View details |
Products & Services of iCreate
iCreate offers a comprehensive portfolio of products and services, including Technology Incubation, Accelerator Programs, and Funding Support.
Startups are supported through incubation and mentorship programs.
Accelerator programs are offered for startup growth and scaling.
Funding opportunities are provided to innovative startup ventures.
Apps and channels of iCreate
its YouTube channel iCreate has 703 subscribers and 30 videos.
Videos from iCreate
The most watched videos on iCreate's YouTube channel, iCreate (703 subscribers). Click a video to play it here.
More on iCreate.
Board of directors of Gujarat Foundation For Entrepreneurial Excellence (iCreate)
Gujarat Foundation For Entrepreneurial Excellence is the primary company behind iCreate. The board of Gujarat Foundation For Entrepreneurial Excellence currently have 7 directors; the longest-serving is Parag Amin, appointed in 2011. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parag Amin DIN 02977719 | Additional Director | 22 Sep 2011 | 15 yrs | Gujarat Foundation For Entrepreneurial Excellence |
| Roopwant Singh DIN 06717937 | Director | 07 Aug 2021 | 5 yrs 2 mo | Gujarat Foundation For Entrepreneurial Excellence |
| Nikhil Kamath DIN 03142938 | Additional Director | 05 Dec 2024 | 1 yr 10 mo | Gujarat Foundation For Entrepreneurial Excellence |
| Anjali Bansal DIN 00207746 | Additional Director | 05 Dec 2024 | 1 yr 10 mo | Gujarat Foundation For Entrepreneurial Excellence |
| Anand Gopal Mahindra DIN 00004695 | Additional Director | 05 Dec 2024 | 1 yr 10 mo | Gujarat Foundation For Entrepreneurial Excellence |
| Sanjeev Bikhchandani DIN 00065640 | Additional Director | 05 Dec 2024 | 1 yr 10 mo | Gujarat Foundation For Entrepreneurial Excellence |
| Hasmukh Adhia DIN 00093974 | Additional Director | 20 Jun 2025 | 1 yr 3 mo | Gujarat Foundation For Entrepreneurial Excellence |
People of iCreate
18 people are tracked at iCreate (5 in leadership, 13 in team); the tracked headcount is 30.
| Name | Role | Group |
|---|---|---|
Avinash Punekar | Chief Executive Officer | Leadership |
Rajiv Bose | Head - Business | Leadership |
Shantanu Poddar | Head Sales Engagement And Marketing | Leadership |
| Chief Mentor And Founding Director | Leadership | |
Dr. Sanjeev K Yadav | Head - Digital Technology | Leadership |
Sudhanshu Sharma | TEC & Sparkup | Team |
Divyalax Chauhan | Associate - Strategic Alliance | Team |
Prakhar Y. | Incubatee | Team |
Jignesh Chaudhary | Incubatee | Team |
Vivek Singh | Technology Analyst | Team |
Thyagrajan K | Founding Team Member | Team |
Syed Inamullah Hussaini | Incubatee | Team |
Abhinandan Bhargava | Incubatee | Team |
Dr. Raashid Saiyed | Resident Business Mentor | Team |
Riya Singha | Associate - Programs & Initiatives | Team |
Dr. Tejashree Shah. | Lead Stakeholder Engagement | Team |
Abhishek Bhanushali | Incubatee | Team |
Vijoy Ravi | Senior Executive - Branding And Data Visualization | Team |
Complete people profiles for iCreate
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of iCreate
Figures of Gujarat Foundation For Entrepreneurial Excellence, the primary company behind iCreate, for FY 2022. Revenue was ₹12.75 Cr (+49% year on year). Net profit was ₹1.86 Cr (15% margin). EBITDA was ₹1.46 Cr (11% margin). Revenue has grown at a compounded annual rate of +22% over three years and +42% over five years.
- ₹12.75 CrRevenue · FY 2022 · +49% YoY
- ₹1.86 CrNet profit · 15% margin
- ₹1.46 CrEBITDA · 11% margin
- ₹10 LakhPaid-up capital
- 30Employees (provident fund records)
- +22%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Gujarat Foundation For Entrepreneurial Excellence are on its company page.
Detailed financial statements for iCreate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of iCreate
iCreate has 10 listed competitors in our database, 9 of them funded. They include Imperative Care, LUMA Vision, Verathon, Cardiac Insight and LifeLens, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imperativecare.com | 2015 | Campbell, United States | $496M | 90 | Access catheters for neurovascular stroke treatment are provided. | |
| lumavision.com | 2017 | Dublin, Ireland | $42.35M | – | Developer of interventional cardiac imaging devices | |
| verathon.com | 1984 | Bothell, United States | $34M | 314 | Medical devices for ultrasound imaging and airway management are developed. | |
| cardiacinsightinc.com | 2008 | Bellevue, United States | $37.18M | 23 | Point-of-care cardiac diagnostics are provided for sports medicine. | |
| lifelenstech.com | 2014 | Warminster, United States | $24.57M | – | Developer of a device for cardiac health monitoring | |
| acculine-medical.com | 2022 | Israel | $4.2M | – | Diagnostic device for early coronary artery disease detection is developed. | |
| deltexmedical.com | 1992 | Chichester, United Kingdom | – | 46 | A fluid management and cardiac output monitoring system | |
| ekuore.com | 2013 | Valencia, Spain | $605,000 | – | Wireless electronic stethoscopes are developed for cardiac anomaly detection. | |
| insight-med.com | 2015 | Shenzhen, China | $42.73M | – | Ultrathin pressure microcatheters for coronary stenosis diagnosis are developed. | |
| baropace.com | 2019 | Ashland, United States | $940,000 | – | Smart wearable devices for cardiac health monitoring are developed. |
Detailed competitors of iCreate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of iCreate
Websites that share an audience with iCreate (icreate.org.in).
Websites whose visitors overlap most with iCreate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hostel.fund | 100% | – | – | View details |
Latest news on Icreate
Complete news archive for iCreate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Top companies in Accelerators & Incubation Programs
10 companies that operate in the same segment as iCreate (Accelerators & Incubation Programs), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
TotalEnergies is engaged in producing and marketing multi-energy solutions. | 1924 | Paris, France | – | USD 189.84 B | 102,890 | |
Venture capital fund and startup incubator for healthcare and agricultural companies | 1993 | Misgav, Northern District, Israel | – | USD 1.99 M | 23 | |
Managed co-working spaces for AI and life sciences are provided. | 2012 | Brooklyn, New York, United States | USD 19.61 M | – | – | |
Startups and businesses are accelerated sector-agnostically at IIT Guwahati. | 1994 | Guwahati, Assam, India | – | USD 2.35 M | 1 | |
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | Menlo Park, California, United States | – | USD 44.55 K | – | |
Diversified solution for cryptocurrency | 2017 | Ho Chi Minh City, Vietnam | – | – | – | |
Venture platform bridging entrepreneurs with investors catalyzing innovation into solutions | 2014 | Hong Kong, China | – | – | – | |
Startups in Fintech and InsurTech sectors are accelerated and incubated. | 2003 | Milano, Italy | – | – | – | |
Early-stage venture capital and startup acceleration are provided. | 2011 | Vienna, Austria | – | – | – | |
Global investments in internet and technology startups are facilitated. | 2006 | Berlin, Berlin, Germany | – | – | 30 |
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Frequently Asked Questions about iCreate
iCreate is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
iCreate has 30 employees.
The primary company behind iCreate, Gujarat Foundation For Entrepreneurial Excellence, reported revenue of ₹12.75 Cr for FY 2022, up 49% year on year.
iCreate is established as a premier institution for transforming technology-based startups into successful businesses in India. Supported by both the Government of Gujarat and the Government of India, it is focused on fostering next-generation entrepreneurship. Various programs and incubation services are provided to empower youth and encourage innovation in emerging technologies. Collaboration with international and national institutions is facilitated to address key national priorities and big challenges through innovation. Sectors such as electric vehicles, renewable energy, and health tech are targeted through specialized initiatives and accelerator programs.
iCreate's top competitors include Imperative Care, LUMA Vision and Verathon.
iCreate offers Technology Incubation, Accelerator Programs, and Funding Support.
iCreate operates through Gujarat Foundation For Entrepreneurial Excellence.
The legal entities of iCreate currently have 8 directors, including Roopwant Singh, Nikhil Kamath, Anjali Bansal and others.