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Ellenox

Venture Studio
1-4-190/86&87 Flat 503 Mounica Apartments, Bhaskar Rao Nagar, Hyderabad, Telangana 500056, India

Industry Focus

TechnologyArtificial IntelligenceMachine LearningConsumer SocialHealthcare TechnologyMental Health TechCreator EconomySports TechnologyFinTechEdTechE-commerceSocial ImpactBlockchainRoboticsAR/VRB2B SolutionsManufacturing

Geographic Focus

IndiaHyderabadBengaluruUnited StatesGulf Region

Ellenox is India's largest venture studio, positioned as a Y Combinator alternative for the Indian startup ecosystem. Founded in 2018 (incorporated 2021) by two Silicon Valley entrepreneurs with prior exits, Ellenox empowers early-stage startups with comprehensive support including full-stack development, product design, branding, AI services, market strategy, and advisory. The studio operates on the philosophy that there is no one-size-fits-all formula for startup success, with a self-proclaimed mission to 'get sh*t done'. Post-COVID, the founders left their jobs in the US to build a startup lab in Hyderabad, choosing it over Bangalore for its nascent energy of lean innovation. Ellenox has worked with 50+ startups and built an ecosystem that includes an incubator for idea-stage entrepreneurs, a product lab for high-growth startups, and is setting up a fund for non-resident Indians to invest in Indian startups. The studio is 100% community-driven with over 2000+ founders, investors, and techies in their Discord community. In 2024-2025, Ellenox announced aggressive AI expansion into the U.S. and Gulf markets, growing headcount by 50% and bringing in senior AI talent from Amazon and Google to deliver enterprise AI transformation for Fortune 50 companies.

Founded

2018

Portfolio

10 Companies

Partners

3

Success

3X Higher