IIT Madras Incubation Cell (IITMIC), has achieved a major milestone by crossing 500 deep-tech startups, and reinforcing its position as India’s largest deep-tech startup hub. With a combined valuation of ₹53,000 crore and ₹17,000 crore in venture funding, IITMIC-backed startups are driving impact across spacetech, aero-defence, AI, semiconductors, robotics, medtech, climate-tech, IoT, and more, with a portfolio that includes leading names such as Ather Energy, Uniphore, Agnikul Cosmos, Medibuddy
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IIT Madras marks a historic milestone as the IITM Incubation Cell incubates 104 deep-tech start-ups in a single financial year (2024–25), fulfilling the visionary Start-up Shatam mission set by Director Prof. V. Kamakoti. More than 50% of these start-ups are founded by IIT Madras's faculty, staff, students, and alumni — a true celebration of our diverse and thriving innovation ecosystem. Over the past 12 years, IITMIC has supported 457 deep-tech start-ups valued collectively at ₹50,000 Cr, inclu
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IIT Madras Incubation Cell crosses 500 deep-tech startups, powering India’s innovation-led growth.
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