Here is the concise and structured information on high-net-worth businesses associated with Indian Institute of Technology (IIT) Madras, key contacts, professional achievements, and notable projects:
- Venture Capital and High-Net-Worth Investors:
- IIT Madras has launched a dedicated ā¹200 crore Alumni Fund to provide early-stage venture capital focused on deep-tech startups incubated at IIT Madras. The fund targets pre-Series A and Series A investments, aiming to support around 100 deep-tech startups annually. High-net-worth individuals and alumni are invited to invest in this fund to back promising startups and shape Indiaās technology future.
- The fund operates with conventional VC governance and is designed to enable alumni and HNIs to actively contribute to innovation and commercialization of research.
- Notable Incubated Startups and Industry Impact:
- IIT Madras Incubation Cell has supported over 500 startups valued at more than ā¹50,000 crore (approx. USD 6 billion) and generated over 11,000 jobs. Key successes include Ather Energy (electric scooters, publicly listed) and Uniphore (conversational AI unicorn).
- The ecosystem includes startups across sectors including AI, robotics, quantum computing, electric mobility, healthcare, and deep manufacturing technologies.
- Over 56% of startups are founded by non-IITians, showing a diverse entrepreneurial community. Faculty and alumni actively co-found and mentor startups as well.
- Key Contacts and Institutional Offices:
- Office of Alumni & Corporate Relations, IIT Madras
- Location: Room No. 204 A, 2nd Floor, IC&SR Building, IIT Madras, Chennai ā 600036
- Email: deanacroffice@iitm.ac.in, oaa1@iitm.ac.in
- Phone: +91 44-2257-8390, +91 44-2257-8379
- Website/Fundraising platform: https://joyofgiving.alumni.iitm.ac.in
- This office facilitates funding, mentorship, and corporate relations, connecting alumni and high-net-worth investors to the IIT Madras startup ecosystem.
- Office of Innovation and Entrepreneurship (OIE), IIT Madras
- Leads efforts to promote and regulate innovation and entrepreneurship on campus.
- Key personnel include Prof. Prabhu Rajagopal (Advisor, Innovation and Entrepreneurship) and Dr. Tamaswati Ghosh (CEO, IITM Incubation Cell).
- Website: https://oieiitm.org
- OIE hosts investor events, provides mentorship, and fosters startup growth within IIT Madras.
- Prominent Founder/Faculty Entrepreneurs and Investors:
- Prof. V. Kamakoti, Director of IIT Madras, champions the Alumni Fund and startup incubation vision.
- Prof. Prabhu Rajagopal, a serial entrepreneur and Shanti Swarup Bhatnagar Awardee, heads the School of Innovation and Entrepreneurship.
- Dr. Tamaswati Ghosh, CEO of the IITM Incubation Cell, is known for scaling the deep-tech startup ecosystem.
- Alumni and investors include prominent figures such as Kris Gopalakrishnan (Infosys co-founder) and Sachin Bansal (investor in IITM startups).
- Faculty-led startups: At least 133 startups are cofounded or mentored by IIT Madras faculty, spanning cleantech, medtech, semiconductors, AI, and more.
- Notable Projects and Partnerships:
- The initiative “Startup Shatam” aims to incubate 100 startups annually in deep-tech sectors.
- Partnerships with global corporations and industry leaders through IIT Madras Research Park support innovation and commercialization.
- Recent collaborations include eco-friendly technology development with Thales and government-backed semiconductor research centers.
This information provides a strong foundation for reaching out to key stakeholders and investors in the IIT Madras startup ecosystem focused on innovation and high-net-worth business investments. For direct engagement, contacting the Office of Alumni & Corporate Relations and the Office of Innovation & Entrepreneurship at IIT Madras is highly recommended for introductions and partnership opportunities.




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