AI Ventures Associate (BITS AI Incubator)

Location: Mumbai, Bangalore (Hybrid Remote) / IndiaEmployment Type: Full-timeExperience Required: 1–2 yearsAI Incubator Program - Lenz and BITS Joint VentureThe AI Incubator is a joint initiative between Lenz, a Silicon Valley–based innovation studio, and BITSoM (BITS School of Management).Lenz works at the intersection of emerging technologies, venture building, and corporate innovation. We partner with forward-looking corporations to design AI-driven ventures, explore transformation opportunities, and build scalable businesses.The AI Incubator will be the first of its kind in India to have an exclusive focus on AI Innovation from the applications layers to models layers. The incubator has an ambitious goal of graduating 100 Global scale AI Startups in the next 3 years. This initiative is a strategic priority at the senior leadership level within BITSoM and is being developed with long-term commitment and ambition.This role offers early-career professionals an opportunity to deeply immerse themselves in AI, venture creation, startup evaluation, and innovation system design.Role DescriptionThe AI Venture Associate (AI Incubator) will play a key role in building and operationalizing the ecosystem that accelerates AI-driven ventures.This full-time position, based in India, spans the full lifecycle of activities — from market research and startup screening to incubation process design and end-to-end program execution.The Associate will also assist in developing the Lenz AI Incubator Engine — the structured frameworks, evaluation models, playbooks, and operating systems that power repeatable venture creation.The Associate will work closely with leadership to design, operationalize, and scale the AI Incubator. This is a high-execution role involving strategy, research, systems building, and disciplined execution. Strong operational reliability and the ability to drive structured follow-through across multiple stakeholders are essential to success in this role.This is not a purely research or strategy position. The ability to execute, run and coordinate programs and ensure flawless program delivery is mandatory.Key Responsibilities1. Research & Investment AnalysisConduct research on AI sectors, emerging technologies, and market opportunitiesEvaluate startup applications and prepare assessment briefsDevelop investment-style memos and opportunity analysesAnalyze business models and competitive positioning2. Program Management & OperationsPlan and manage incubator cohorts and program milestonesCoordinate founders, mentors, faculty, and ecosystem partnersBuild dashboards and performance tracking mechanismsEnsure timely execution across deliverables3. Ecosystem & Founder EngagementSupport founders in refining strategy and positioningAssist in investor outreach and Demo Day preparationBuild relationships within the startup and AI ecosystem4. Incubator Engine DevelopmentDevelop structured frameworks for sourcing and evaluating AI startupsDesign playbooks, templates, and evaluation methodologiesBuild research repositories, market maps, and analysis toolsCreate scalable systems to institutionalize incubator processesEligibility & QualificationsBachelor’s degree in Engineering, Technology, or a quantitative discipline from a leading institution1–2 years of experience in consulting, startups, venture capital, analytics, product, or similar high-rigor environmentsDemonstrated interest in AI, startups, or venture buildingStrong analytical and structured problem-solving skillsA desire and strength in meticulous management of activities. This role would involve a lot of coordination and public outreach and interaction. Excellent written and verbal communicationHigh ownership mindset and ability to work in dynamic environmentsMBA is a plusCompany DescriptionLenz AI Innovation Studio, founded by a Berkeley MBA, is a cutting-edge Silicon Valley startup focused on bringing innovation to the world of AI. Having worked with multiple Fortune companies, Lenz combines bold ideas with practical scalability to meet real business needs. As an independent corporate innovation studio, the company bridges enterprises and groundbreaking technologies. With over 15 years of experience across Fortune companies, Consulting and Entrepreneurship, the CEO’s expertise drives the studio's mission of unlocking transformative AI-driven solutions.Compensation: ₹16,00,000 per annum (CTC) + Performance Bonus up to ₹2,00,000. We are building for the long term. For high performers who help build this, they may have opportunities for accelerated compensation growth, expanded responsibilities, and performance-linked upside.

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