About JITO Incubation & Innovation Foundation
JITO Incubation & Innovation Foundation is a company based in Mumbai (India). Multiple sectors are incubated by the foundation in Mumbai, India. It operates on a B2B model. The company has 6 employees. Its Indian entity Jito Incubation And Innovation Foundation reported revenue of ₹3.69 Cr.
Company details
Support is extended to startups across diverse sectors by the JITO Incubation Innovation Foundation, which is located in Mumbai, India. Incubation programs are operated to nurture early-stage ventures, with services including mentorship and resource access. Innovation is facilitated through structured initiatives aimed at entrepreneurial development. Operations span multiple industries, and the foundations online presence is maintained at jitojiif.com.
- Headquarters Mumbai, India
- Employees 6
- Website jitojiif.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Jito Incubation And Innovation Foundation
- Date of Incorporation 24 Jun, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹3.69 Cr
FY 2024 · +31% YoY
- Net Profit₹14.1 Lakh
FY 2024 · 4% margin
- EBITDA₹21.2 Lakh
FY 2024 · 6% margin
- Employee Count6
Associated legal entities of JITO Incubation & Innovation Foundation
JITO Incubation & Innovation Foundation operates through Jito Incubation And Innovation Foundation (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Jito Incubation And Innovation Foundation CIN U74999MH2017NPL296601 | Active | 24 Jun 2017 | Mumbai, Maharashtra | ₹3.7 Cr | 6 | 4 | View details |
Apps and channels of JITO Incubation & Innovation Foundation
its YouTube channel JITOJIIF has 63 subscribers and 11 videos.
Videos from JITO Incubation & Innovation Foundation
The most watched videos on JITO Incubation & Innovation Foundation's YouTube channel, JITOJIIF (63 subscribers). Click a video to play it here.
More on JITOJIIF.
Board of directors of Jito Incubation And Innovation Foundation (JITO Incubation & Innovation Foundation)
Jito Incubation And Innovation Foundation is the primary company behind JITO Incubation & Innovation Foundation. The board of Jito Incubation And Innovation Foundation currently have 4 directors; the longest-serving is Prithviraj Saremal Kothari, appointed in 2024. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prithviraj Saremal Kothari DIN 00229996 | Nominee Director | 09 Nov 2024 | 1 yr 11 mo | Jito Incubation And Innovation Foundation |
| Jeenendra Mohanlal Bhandari DIN 00050150 | Nominee Director | 09 Nov 2024 | 1 yr 11 mo | Jito Incubation And Innovation Foundation |
| Vijaykumar Bandulal Bhandari DIN 00161025 | Nominee Director | 09 Nov 2024 | 1 yr 11 mo | Jito Incubation And Innovation Foundation |
| Shaileshharan DIN 03553289 | Nominee Director | 09 Nov 2024 | 1 yr 11 mo | Jito Incubation And Innovation Foundation |
People of JITO Incubation & Innovation Foundation
10 people are tracked at JITO Incubation & Innovation Foundation (2 in leadership, 8 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Sagar Gosalia | Chief Operating Officer | Leadership |
Jinal Shah | Deputy General Manager - Portfolio And Collaborations | Leadership |
Monu Jain | Convenor- JITO Incubation & Innovation Foundation | Team |
Anshu Jain | Startup Manager | Team |
Rushabh Vora | Portfolio Associate | Team |
Smit Shah | Senior Associate | Team |
Vinay Jain | Associate - Incubation And Partnerships | Team |
Prof. Bharat Oswal | Vice Chairman | Team |
Ackshay Jain | Co-convener | Team |
Harssh Golchaa - Jain | Startup Mentor (corporate Governance) | Team |
Complete people profiles for JITO Incubation & Innovation Foundation
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Financials of JITO Incubation & Innovation Foundation
Figures of Jito Incubation And Innovation Foundation, the primary company behind JITO Incubation & Innovation Foundation, for FY 2024. Revenue was ₹3.69 Cr (+31% year on year). Net profit was ₹14.1 Lakh (4% margin). EBITDA was ₹21.2 Lakh (6% margin). Revenue has grown at a compounded annual rate of +33% over three years and +1231% over five years.
- ₹3.69 CrRevenue · FY 2024 · +31% YoY
- ₹14.1 LakhNet profit · 4% margin
- ₹21.2 LakhEBITDA · 6% margin
- 6Employees (provident fund records)
- +33%Revenue CAGR, 3 years
- +1231%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Jito Incubation And Innovation Foundation are on its company page.
Detailed financial statements for JITO Incubation & Innovation Foundation
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Related news about Jito Incubation & Innovation Foundation
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Frequently Asked Questions about JITO Incubation & Innovation Foundation
JITO Incubation & Innovation Foundation is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
JITO Incubation & Innovation Foundation has 6 employees.
The primary company behind JITO Incubation & Innovation Foundation, Jito Incubation And Innovation Foundation, reported revenue of ₹3.69 Cr for FY 2024, up 31% year on year.
Support is extended to startups across diverse sectors by the JITO Incubation Innovation Foundation, which is located in Mumbai, India. Incubation programs are operated to nurture early-stage ventures, with services including mentorship and resource access. Innovation is facilitated through structured initiatives aimed at entrepreneurial development. Operations span multiple industries, and the foundations online presence is maintained at jitojiif.com.
JITO Incubation & Innovation Foundation operates through Jito Incubation And Innovation Foundation.
The legal entities of JITO Incubation & Innovation Foundation currently have 4 directors, including Prithviraj Saremal Kothari, Jeenendra Mohanlal Bhandari, Vijaykumar Bandulal Bhandari and others.