 "Source: Official website of IITM Incubation Cell- www.incubation.iitm.ac.in")
IIT Madras Incubation Cell, the umbrella body for nurturing and overseeing innovation and entrepreneurship at IIT Madras, has seen around 46 start ups incubated here, raising around Rs 1613 crore. The start-ups are valued at Rs 6,000 crore. There are 186 start-ups incubated in the Cell, generating over 3,000 jobs and over 100 patents getting filed.
IITM Incubation Cell has been the hub for these start-ups. Their cumulative revenue in 2018-19 was Rs 293 crore.
Tamaswati Ghosh, Chief Executive Officer, IIT Madras Incubation Cell said that out of 186 deep technology start-ups, 157 are active. Nearly 73 startups in the
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