Iitm Incubation Cell

Today,#IITMadras is one of India’s leading Technology Startup hubs with #innovation & impact as key differentiators/drivers. Spearheaded by its nodal incubator, IITM is empowering entrepreneurs to address national challenges through successful, self-sustaining companies. As the nodal incubator,#IITMIC links & synergizes sector-specific incubators (Rural Technology and Business Incubator, Bio- & MedTech incubators), student pre-venture initiatives and translational research at IITM. IITMIC provides ‘concept to scale-up’ support to technology & knowledge-based startups through a holistic ecosystem with access to: • World-class R&D infra at IITM: unmatched support for translating innovative concepts into viable products • Workspace with infra suited to both hardware & software Cos. & access to domain experts from industry co-located in IITM Research Park • Business support services (accounting, company secretary, legal and IP), training & networking • Seed & early stage funding (Startup Fund comprising industry /Alumni donations & Grants from Govt of India) & connection to angel investors/ VCs • Mentoring in tech/design & market entry by eminent experts from IITM Faculty, Alumni and Industry heads Our Work in Numbers Deep tech Startups incubated till date: 500+ • Founders: students, faculty & alumni from pan IIT (40%); external entrepreneurs (60%) • Sectors: manufacturing, robotics, auto, renewables/energy, water, Agri-tech, IoT, deep tech, Edu-tech, Biotech, medical devices, etc. • Total investment raised - Rs 12k crore from angel investors/VCs • Valuation (based on last investment raised): Rs Crore (US$ 6B) • 190 generate cumulative revenue of Rs crore ($470M) in FY2024-25 • Direct Jobs created: