Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi, established 1992 — one of India's oldest IP commercialisation and incubation entities. Focus: manufacturing, clean energy, defence-tech. Bridges academia and industry via technology licensing, sponsored research, and startup incubation.
Why FITT – IIT Delhi?
Oldest IP commercialisation entity at any IIT (since 1992). Dedicated technology licensing arm helps founders secure IP first. Defence-tech and materials science expertise.
Funding provided
Technology Development Grants up to ₹5L. DPIIT Seed Fund connections up to ₹50L. IP licensing with revenue-share. IITD angel network access.
Successful startups & portfolio
BatX EnergiesNavana TechWiselyWiseInnoterra
Address
FITT, IIT Delhi, Hauz Khas, New Delhi 110016, New Delhi, Delhi