IIM-Calcutta Innovation Park
IIM Calcutta, Diamond Harbour Road, Joka, Kolkata, West Bengal, 700104, India
Overview
IIM Calcutta Innovation Park (IIMCIP) is a not for profit (Section 8) company established under the aegis of IIM Calcutta to promote Innovation and Entrepreneurship. IIMCIP aims at creating a complete and comprehensive ecosystem to promote and nurture innovative enterprises. There are two broad verticals under IIMCIP – Business Incubation Unit and Innovation Lab.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 7
Sector focus
- Social Entrepreneurship
Investment portfolio
- FarmDidi
Participated · Seed · Sep 2025
FarmDidi is a direct-to-consumer pickle and condiments brand that enables rural women to produce homemade, chemical-free products at the farmgate. The company blends traditional recipes with modern food-safety protocols and a tech-enabled model to deliver clean-label, traceable products. It operates a community of women micro-units (“Didis”) and claims to be the number one pickle brand on Amazon India with four of the top ten best-sellers. FarmDidi reports an ARR of Rs 18 crore and fulfills over 30,000 monthly orders. The founders plan to use new funding to strengthen the team, invest in R&D, enhance tech-led quality systems, and expand the Didi community from about 2,000 to over 5,000.
- FreeStand Sampling
Participated · Seed · Mar 2024
FreeStand is a B2B marketing platform that provides quantifiable and targeted product sampling programs for FMCG companies in India. The company arranges and provides hundreds of sampling outlets and offers brands a dashboard to track campaign results and ensure samples reach intended consumers. Its platform leverages AI to improve and streamline the product experience for FMCG marketers. FreeStand integrates sampling distribution across channels including ad networks, e-commerce and fast commerce (Zepto, Flipkart, Swiggy), Meta Platforms, and retail chains. The startup plans to use the new funding to broaden capabilities to encompass event and retail sampling channels. FreeStand counts major FMCG firms such as HUL, Nestle, Reckitt Benckiser, L’Oreal, Nivea, Piramal Healthcare, Cipla Health, and Emami as customers.