IIT Madras Breaks Record A Startup Every 3 Days – The Deep-Tech Surge!
AI Summary
Summary of IIT Madras Deep Tech Startups
- Record Incubation:
- In FY 2025, IIT Madras incubated 104 startups, doubling last year’s count.
- A total of 455 startups over 12 years, becoming a major deep tech hub outside Silicon Valley.
- Origins of Startups:
- Over 50% originated from IIT Madras faculty, students, and alumni, with others from various entrepreneurs across India.
- Types of Innovations:
- Not typical delivery apps; significant innovations include:
- Rockets, satellites, and advanced AI systems.
- Pathbreaking Companies:
- Ather: Premium electric scooters, upcoming IPO.
- Hycosmos: 3D printed rocket engines and private launchpads.
- Unifor: $2.5 billion conversational AI platform.
- Minecraft Technologies: Indigenous chip designs.
- Say Galaxi: World’s first multi-sensor earth imaging satellite.
- Detect Technologies: AI solutions for oil and gas safety with major clients.
- E-plane Company: Prototype for India’s first electric flying taxi.
- Solenass Integrity: Robots tackling manual scavenging issues in India.
- Significance:
- These startups represent a real deep tech revolution, focusing on innovation over mere funding.
- Aimed at transforming India from a startup nation to a product and innovation powerhouse.
- Future Aspirations:
- India is on a path to assemble high-tech products like quantum computers and advanced AI systems thanks to IIT Madras’ efforts.