My friend, guide and mentor Padma Sri Prof Ashok Jhunjhunwala has not only set up a research park. He has initiated a movement which is now getting traction.
Indian Institute of Technology, Madras is targeting 1,000 startups under its fold by 2032, with Director Prof V Kamakoti setting a goal of at least one startup going public every month.
The institute has already incubated 583 startups with a combined valuation of ₹83,000 crore and incubates around 100 startups each year. About 75% of these are founded by entrepreneurs from outside the IIT Madras ecosystem.
Its startup portfolio includes Ather Energy, Agnikul Cosmos, Uniphore and Stellapps, spanning EVs, space tech, AI and agritech.
At its alumni meet in Bengaluru, Kamakoti also highlighted IIT Madras’ focus on sovereign technology and deeptech, noting that the institute has secured 472 patents.
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