June, 5: JITO Incubation & Innovation Foundation (JIIF) hosted the Bengaluru edition of JITO Shark Angels, where startups across healthcare, consumer, nutrition, mobility, and technology sectors collectively received investment commitments of nearly ₹10 crore. The platform brought together founders, angel investors, and business leaders to evaluate scalable early-stage ventures and facilitate strategic mentorship and funding opportunities.
Participating startups included Medulance, Xeedio, LIT, Nautical Wings, Better Nutrition, and Banana Club, each presenting their business models before a panel of investors comprising Shekha Haran Bhandari, Vikas D. Nahar, Nirmal Kumar Jain, Suyash Surana Jain, and Om Jain.
According to the organisers, the event reflects rising investor appetite for innovation-led startups emerging from India’s growing entrepreneurial ecosystem. “India’s startup ecosystem is witnessing a strong shift towards founder-first capital and community-driven mentorship. Through JITO Shark Angels, we aim to create a platform that not only enables access to funding but also helps entrepreneurs build sustainable and scalable businesses,” said Jeenendra Bhandari, Chairman JIIF.
JIIF has been actively building founder-investor networks through incubation, mentorship, and angel investment initiatives aimed at supporting high-potential startups across sectors.