Cheekotel is an early stage venture capital company sponsored by IIT Alumni. Cheekotel draws on the expertise and network of the IIT Alumni community to grow the business of portfolio companies. Cheekotel was set up in 2002 to capitalize on the growth in South Asia and invest according to its well evolved "3X3" strategy of investing in technology – proven, appropriate, open source; promoters – individual, invested and innovative and Indian – markets, sources, capital , while being able to leverage the resources of the IIT Alumni community.


Cheekotel typically takes substantial shareholding in portfolio companies within the target segment, and invests with a long term horizon. Its areas of interest include the intersection of technology and the internet with consumer, commerce, media and communications.