The JAIN University Incubation Centre, now known as JAIN Launchpad, marks its 10th Foundation Day highlighting a decade of support for startups and innovation in India.
Bengaluru, March 3, 2025 – The JAIN University Incubation Centre, formerly known as JUiNCUBATOR and currently branded as JAIN Launchpad, marked its 10th Foundation Day at the CMS Business School located on Seshadri Road. This milestone celebration highlighted a decade of contributions to innovation, entrepreneurship, and overall impact within India’s burgeoning startup ecosystem. The event attracted a diverse gathering of industry leaders, investors, mentors, academicians, and aspiring entrepreneurs, all reflecting on JAIN Launchpad’s significant journey while looking forward to future advancements.
Established in 2015, JAIN Launchpad has positioned itself as a premier incubator, accelerator, and seed fund, supporting over 125 startups throughout its operation. The organization has been influential in organizing more than 150 events focused on entrepreneurship, actively engaging over 40,000 individuals including startup enthusiasts and founders. The combined valuation of its portfolio companies has surpassed ?1,500 crore, emphasizing the financial growth and impact facilitated by JAIN Launchpad.
The incubator has benefited from recognition and backing for its various incubation and acceleration initiatives from multiple government bodies. These include the National Science & Technology Entrepreneurship Development Board (NSTEDB), the Department of Science and Technology, the Department for Promotion of Industry and Internal Trade (DPIIT), and the Karnataka Innovation and Technology Society. Additionally, JAIN Launchpad has received a CSR grant from HDFC Bank as part of the Parivartan Start-up Grants program, enhancing its capacity to support startups.
The celebration attracted a notable array of dignitaries from both the startup and academic sectors. Among the attendees were Dr. Chenraj Roychand, Chairman of The JGI Group and Director of JAIN Launchpad; Dr. N V H Krishnan, Advisor to the Chancellor Advisory Board; Dr. K R Sridhara Murthi; Dr. Dinesh Nilkant, Pro Vice Chancellor; Mr. Suresh Krishna, Managing Director of Yunus Social Business Fund Bangalore; Mr. Shankar Jayaraman, Executive Director of Sun Helicopters; and Mr. Nayaz Ahmed, CEO of JAIN Launchpad.
The event featured insightful sessions that delved into the evolution and impact of startup programs. Mr. Shankar Jayaraman presented on “The Journey of Startup Programs: Evolution & Impact,” while Mr. Suresh Krishna’s session titled “Empowering Startups: JAIN Launchpad’s Impact through Investments” provided a focused overview of the accelerator’s investment strategies. Mr. Nayaz Ahmed spoke about the organization’s decade-long trajectory and its future aspirations, stating, “Over the past ten years, JAIN Launchpad has evolved into a vibrant ecosystem where ideas are nurtured into successful, high-impact ventures.”
A keynote address by Dr. Chenraj Roychand underscored The JAIN Group’s commitment to entrepreneurship. He remarked, “India’s growth story is being shaped by bold entrepreneurs, disruptive innovation, and a strong ecosystem that nurtures new ideas.” Furthermore, Dr. Roychand projected that JAIN Launchpad would transform into a hub for deep-tech advancements and sustainable innovations, significantly contributing to positioning India as a global center for innovation and economic strength.
The event also acknowledged the achievements of several startups associated with JAIN Launchpad, including Medevice Innovation, Dseide, Doctrue, Cabto, Collearn, and Xobox. These startups shared their experiences and the support they received, culminating in a cake-cutting ceremony to celebrate the incubator’s anniversary.
Moving forward, JAIN Launchpad is committed to expanding its mentorship and funding ecosystem, strengthening collaboration between industry and academia, and driving innovation across deep-tech, artificial intelligence, and sustainable solutions. The incubator aims to enhance India’s footprint in the global startup arena, inviting aspiring entrepreneurs to participate in this dynamic ecosystem.
Source: Noah Wire Services
