ITEL Foundation
Overview
ITEL Foundation is a non-profit incubator and investment firm based in Chennai, India, that provides mentorship, resources, and support to deep-tech startups in sectors including transportation, artificial intelligence, space technology, healthcare, and sustainable solutions.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| AR4 Tech Private Limited | Sep 2024 | Seed | Co-investor |
| Flowtrik Technologies | - | Seed | Co-investor |
| Reneonix | Feb 2026 | Pre Seed | Co-investor |
Key People
Ashwini GR
Associate Director of Finance
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is ITEL Foundation based?
ITEL Foundation is headquartered in Chennai, India.
When was ITEL Foundation founded?
ITEL Foundation was founded in 2023.
How many portfolio companies does ITEL Foundation have?
ITEL Foundation has 3 portfolio companies in Caplight's dataset.
What are some companies in ITEL Foundation's portfolio?
Portfolio companies visible on Caplight include AR4 Tech Private Limited, Flowtrik Technologies, Reneonix.
What was ITEL Foundation's most recent investment shown here?
ITEL Foundation's most recent investment in this portfolio sample was in Reneonix in 2026.
What sectors does ITEL Foundation focus on?
ITEL Foundation focuses on Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Energy & Sustainability.
What company stages does ITEL Foundation focus on?
ITEL Foundation typically invests at the Early stage.