JITO Incubation and Innovation Foundation (JIIF) Backs Two Startups Nautical Wings and RawRX

JITO Incubation and Innovation Foundation (JIIF) has announced its strategic investment in two promising startups, RawRX (Blueday Living Private Limited) and Nautical Wings Aerospace, as part of its commitment to fostering entrepreneurial excellence.

RawRX, founded by Rahul Parakh, former Director at TATA 1mg, is a natural self-care brand delivering vegan supplements and topical wellness products. Born out of a personal need for clean and science-backed healthcare solutions, the company is redefining how chronic ailments are managed through food-based, high-absorption formulations like algae-based Omega-3 supplements and magnesium lotions for sleep and muscle recovery.

RawRX has successfully raised funding in its Angel Round, attracting notable investors such as the Baidyanath family, JITO Incubation and Innovation Foundation (JIIF), Amit Mehta, Dr. Varun Gupta, Mohita Mascarenhas, and Jermina Menon. The funds will be utilized to expand RawRX’s product line and team, ensuring greater access to clean and effective wellness solutions.

Nautical Wings Aerospace, a Bengaluru-based startup pioneering electric propulsion technology for the aviation industry, has raised an undisclosed amount in a pre-Series A funding round from JIIF. Founded in 2020 by Shiv Varun Singh Rajput, Praveen T, and Vikas Kamath, the company specializes in delivering state-of-the-art, tailored propulsion solutions to OEMs on a global scale.

Its upcoming flagship product, the Integrated Electric Propulsion Unit (iEPU), is a cutting-edge turnkey solution designed to simplify adoption for drone manufacturers and air mobility companies. The iEPU features a plug-and-play design for seamless integration across various aircraft, catering to the specific needs of each client.

With JIIF’s backing, Nautical Wings aims to accelerate the development of its iEPU technology, enhance its R&D capabilities, and scale its reach in the global electric aviation market.

JIIF’s continued support for groundbreaking startups underscores its vision of empowering innovative businesses and fostering sustainable economic growth.

JITO Incubation & Innovation Foundation (JIIF) is a leading investment and incubation platform dedicated to fostering entrepreneurship and innovation in India. By supporting cutting-edge startups across diverse sectors, JIIF aims to drive sustainable growth, technological advancements, and economic progress.