Rolling with quarterly reviews. IITM Alumni Connect: annual June cohort.
Process
Apply at incubation.iitm.ac.in. Letter of intent → full application → panel pitch to IITMIC Selection Committee. Strong preference for deeptech and hardware.
IIT Madras Incubation Cell (IITMIC). Located at IIT Madras Research Park — largest research park in India. 300+ startups incubated; combined portfolio market capitalisation exceeding ₹7,000 crore (confirmed by incorpx.io 2025). Startups get 6 months incubation with lab access, mentorship, and equity-free grants up to ₹10L for technology development. Strong deeptech, hardware, and semiconductor focus.
Why IIT Madras – Incubation Cell?
India's highest-funded academic incubator by portfolio valuation (₹7,000+ crore). Largest research park in India. MeitY Centre of Excellence. Notable alumni: Agnikul Cosmos.
Funding provided
Equity-free grants up to ₹10L for technology development. Seed funding facilitated via IITM angel network and DST. Portfolio collectively valued at ₹7,000+ crore.
Successful startups & portfolio
Agnikul Cosmos|agnikul.in
Address
IIT Madras Research Park, Kanagam Road, Taramani, Chennai, Tamil Nadu 600113, Chennai, Tamil Nadu
Rolling with quarterly reviews. IITM Alumni Connect: annual June cohort.