Our Vision

Cheekotel is the first early stage venture capital company sponsored by India based IIT Alumni. Cheekotel draws on the expertise and network of the Indian and global IIT community to grow the business of portfolio companies. Cheekotel was set up in 2002 to capitalise on the growth in Asia and invest according to IIT Investment Funds "3X3" strategy of investing in technology – proven, appropriate, opensource; promoters – individual, invested and innovative and Indian – markets, sources, capital , while being able to leverage the resources of the IIT community.

 

Cheekotel typically takes substantial shareholding in portfolio companies within the target segment, and invests with a 20 to 30 year horizon. Cheekotel primarily invests as a monority shareholder, but is open to take majority stake in collaboration with other investors. Cheekotel backs companies that have been founded by individual promoters with passion and expertise in the given domains.