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IIT Madras Aims to Foster 100 New Start-ups in the Upcoming Year

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IIT Madras has set its sights on incubating a minimum of 100 start-ups spanning diverse sectors in the year ahead.

The Director of IIT Madras, V. Kamakoti, expressed, “In 2024, we have ambitious plans to kickstart 100 start-ups. We are also witnessing the emergence of fascinating technologies from our incubated start-ups like Hyperloop, ePlane, Agnikul Cosmos, and Mindgrove Technologies. These ventures are poised to introduce products of significant national relevance.”

Renowned as one of India’s premier deep-tech start-up hubs, the IIT Madras Incubation Cell (IITMIC) serves as the central body for nurturing, facilitating, and supervising a range of innovative projects and entrepreneurial endeavors.

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Written by RT team

The RT team is a diverse group of writers, analysts, and innovation enthusiasts united by a shared passion for the world of invention. With a collective experience spanning several years in technology, science, journalism, and innovation studies, they dedicate their skills to uncovering, understanding, and showcasing the most exciting advancements and trends in the industry.