The Indico Innovation History

Powering Startups to Global Sucess

Passion for Innovation

The history of Indico Innovation is a journey marked by the passion for innovation, the incessant search for new challenges and the commitment to the success of startups around the world. Founded as an extension of the expertise of Indico, a leading company in data intelligence and loyalty programs, Indico Innovation was born from the desire of its founding partners, Christiano Ranoya and Luiz Panareli, to create a significant impact in the technology and entrepreneurship market.

In 2011, Christiano and Luiz took their first steps with Indico, leveraging their many years of experience in the data and loyalty market to provide innovative and effective solutions for their clients. However, his vision didn't stop there. In 2017, they decided to dive into the world of startups, establishing their first innovation office in Silicon Valley, California, where they joined the renowned accelerator Plug&Play.

It was at that moment that Indico Innovation began to take shape, led by the visionary Luiz Panareli. With its innovation headquarters established in one of the world's most important technology epicenters, the company has dove headfirst into its mission to accelerate promising startups and help them reach their full potential.

In 2019, Indico's then research and development unit, Indico Innovation, was transferred to the Porto region, in Portugal, where it is still working with Open Innovation and Venture Building to this day. This strategic shift reinforced the company's commitment to global expansion and allowed them to extend their influence beyond Brazilian borders.

Since then, Indico Innovation has played a key role in the startup ecosystem, accelerating dozens of companies in Brazil and Portugal and providing them with the resources, mentoring and opportunities needed to thrive in an increasingly competitive market.

Today, Indico Innovation is ready for the next chapter of its history, continuing its mission to promote innovation and entrepreneurship around the world, while helping to shape the future of technology and business.

Startup Process

We work as a facilitator between startups and investors, corporate partners and other key players in the innovation ecosystem.
In the Ideation phase, entrepreneurs explore and develop their initial business ideas. They identify market opportunities, define their target audience and begin to outline the basic concept of their startup

At this stage, Indico Innovation provides resources and support to help entrepreneurs transform their ideas into viable business models, encouraging creativity and innovation.

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During the Validation phase, entrepreneurs test their ideas on the market to ensure their viability and acceptance by customers. They collect feedback, conduct market research, and validate their initial hypotheses.

Indico Innovation offers guidance and assistance to help entrepreneurs understand test results and adjust their strategies as needed to increase their chances of success.

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In the Traction phase, startups begin to gain momentum, acquiring their first customers and demonstrating significant growth. They refine their products or services based on customer feedback and develop marketing and sales strategies to expand their customer base.

 Indico Innovation provides mentoring, access to networks, and additional resources to help startups increase their market traction and prepare to scale.

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During the Consolidation phase, startups solidify their position in the market, optimizing their operations and strengthening their customer base. They focus on operational efficiency, building a solid team, and creating strategic partnerships to sustain long-term growth.

Indico Innovation provides ongoing support, strategic guidance and access to additional resources to help startups build on their success and prepare for the next phase of growth.

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In the Scale phase, startups are ready to expand their operations and achieve exponential growth. They explore new markets, launch new products or services and seek investment opportunities to finance their growth.

Indico Innovation plays a key role in connecting startups with investors, corporate partners and other resources that can help them scale successfully and reach their full potential.

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More services

Additional services we can offer.

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Office LATAM

São Paulo, SP, Brazil

Office Europe

Espinho, Porto, Portugal

Contact us

BR: +55 11 4200 0142
PT: +351 308 814 249

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