Travel portal ixigo’s co-founder Rajnish Kumar sets up Rs.1-Cr fund for IIT Kanpur startups

Rajnish Kumar , co-founder and Group co-CEO of ixigo, has launched the ‘Made in Fire’ Fund with a corpus of INR 1 crore to support technology-led startups founded by students graduating from IIT Kanpur. Beginning with the Class of 2026, the fund will provide INR 10 lakh in non-dilutive prototype funding to 10 startups from each graduating batch.The fund supports ventures operating across sectors such as AI, SaaS, deep tech, mobility, and healthcare. The program will also offer mentorship from Rajnish Kumar, the leadership team at ixigo, and an external entrepreneur network.Selected founders will receive assistance with product reviews, go-to-market strategies, hiring and introductions to investors.