In a high-quality stride toward innovation, the indian Institute of technology madras (IIT Madras) has, for the first time, incubated over one hundred startups in a single financial year.
This feat fulfills the 'Startup 100 undertaking' set by using director Professor V. Kamakoti at the beginning of 2024.
Via the combined labor of the IIT madras Incubation mobile (IITMIC) and the college of Innovation and Entrepreneurship, 104 startups were nurtured at some point in 2024-25.
appreciably, greater than 1/2 of these new ventures have been based by contributors of the IIT madras network—its school, team of workers, students, and alumni. The closing portion came from outside entrepreneurs, reflecting the strength and openness of the institute's startup surroundings.
Professor Kamakoti made the formal announcement in the course of the World IP Celebrations on 26 april 2025, in which key contributors to the innovation effort were present.
He additionally shared that IIT madras had filed 417 patents this year—a first-rate tempo of a couple of patents per day.
Those startups are running across important deep-tech sectors, along with production, robotics, automobile substances, defense, aerospace, fitness tech, space, pharma, and quantum technologies.
Leaders of young groups like Inbound Aerospace and Matterize praised the unwavering assistance and mentorship they acquired from IITMIC, which helped form their ventures from early ideas to thriving businesses.
Professor Prabhu Rajagopal, head of the school of Innovation and Entrepreneurship, contemplated how what had seemed an impossible goal had now been achieved through systematic support for translational research. Meanwhile, Dr. Tamaswati Ghosh, CEO of IITMIC, highlighted the upward thrust from an average of 60 startups in 12 months to this ancient 104.
Over the past 12 years, IIT madras has built a powerful deep-tech startup surrounding, now boasting 457 startups with a collective price above Rs 50,000 crores, two unicorns, and plenty of extra successes on the horizon.
click and follow Indiaherald WhatsApp channel