About VIT-TBI
VIT-TBI is a company based in Vellore (India) founded in 2003.. VIT-TBI offers products and services including Incubation Services and Funding Programs.
- Headquarter Vellore, India
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Sectors
AgricultureFinancial Services
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Email
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Phone
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Social
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- Legal Name Vit Technology Business Incubator
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of VIT-TBI
VIT-TBI offers a comprehensive portfolio of products and services, including Incubation Services and Funding Programs. 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.
Support for technology enterprises is delivered through incubation programs that include mentoring and resources.
Funding and grants are extended to startups for innovation in areas like biotechnology and agriculture.
Funding Insights of VIT-TBI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by VIT-TBI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - VIT-TBI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vit-Tbi Comparisons
Competitors of VIT-TBI
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about VIT-TBI
When was VIT-TBI founded?
VIT-TBI was founded in 2003.
Where is VIT-TBI located?
VIT-TBI is headquartered in Vellore, India. It is registered at Vellore, Tamil Nadu, India.
What does VIT-TBI do?
VITTBI is operated as a technology business incubator by Vellore Institute of Technology, where partnerships with entities like DST, BIRAC, and MeitY are formed to support innovators and entrepreneurs. Programs such as Prayas, Bionest, and TIDE 2.0 are managed to foster developments in biotechnology, electronics, and agriculture. Funding, mentoring, and events are provided to aid startup growth, with a focus on technology enterprises and innovations. Success is tracked through funded projects and patents generated, ensuring contributions to various sectors.
What products or services does VIT-TBI offer?
VIT-TBI offers Incubation Services and Funding Programs.