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Women-Led InnovHer from Jaipur Achieves First Exit with 50%+ IRR

Prime Highlights:

  • InnovHer, a women-led venture platform, completed its first exit within one year, earning over 50% return, showcasing disciplined venture building from a Tier-2 city.
  • The platform combines structured acceleration with in-house venture creation, supporting startups with governance, capital discipline, and long-term growth.

Key Facts:

  • ₹65 lakh deployed in early-stage startups and 23 ventures supported through structured programs.
  • Four in-house ventures co-created and ₹8 crore in co-investments with investors and ecosystem partners.

Background:

As India’s startup ecosystem faces tighter funding and closer focus on execution, a Jaipur-based venture platform is showing that investor-grade results are possible outside metro cities.

Founded with the objective of addressing the structural gaps in non-metro startup ecosystems, InnovHer has adopted an institution-first approach rather than replicating conventional accelerator models. From its base in Jaipur, the platform has focused on embedding governance, milestone-driven execution, and capital discipline into venture creation, treating it as long-term infrastructure rather than short-term programming.

In the past two years, InnovHer has invested ₹65 lakh in early-stage startups and supported 23 ventures through its acceleration programs. It has also co-created four in-house startups with long-term equity and helped raise ₹8 crore in co-investments with investors and partners.

InnovHer operates a dual-engine model, functioning both as a venture studio, co-founding select companies over multi-year horizons, and as an accelerator supporting external founders with execution discipline, capital readiness, and investor alignment. Each venture is evaluated with clear milestones, reducing risk and giving investors clarity. InnovHer has also helped make Jaipur a key hub for innovation in India.

Over the past two years, the platform has engaged with more than 50 venture capital firms and ecosystem enablers, hosted over 100 founders and investors from across India, and delivered 50+ structured mentorship and capacity-building sessions in the city.

As it enters its third year, InnovHer says its focus remains measured: deepening venture outcomes, strengthening co-investment partnerships, reinforcing Jaipur’s role in the national startup landscape, and continuing to expand women’s participation as builders and capital allocators.

Two years on, InnovHer has moved beyond experimentation, establishing itself as an operating venture creation platform from a Tier-2 city, already delivering outcomes aligned with institutional expectations and signalling a broader shift in India’s entrepreneurial landscape.