Overview
MIT-WPU Technology Business Incubator (TBI) serves as the official innovation and entrepreneurship ecosystem of MIT World Peace University. Established in 2016, MIT TBI is endorsed by the Department of Science and Technology (DST), Government of India, with the mission to nurture technology business incubation initiatives across the nation.
Our focus extends to supporting early-stage entrepreneurs, including students, as well as experienced startups. We provide vital assistance in the form of funding, mentoring, and networking opportunities. Recognised as a Technology Business Incubator by the Government of India, MIT TBI operates with the support of the Department of Science and Technology.
Located within the MIT World Peace University campus in Pune's Kothrud area, MIT TBI boasts 11,000 square feet of dedicated space, specifically designed to empower entrepreneurs and innovators. This facility encompasses co-working office spaces and a rapid prototyping lab, tailored to incubate startups companies founded by students. Notably, MIT-WPU students and alumni enjoy a one-year waiver on office rent.
MIT TBI is committed to exploring various funding and prototyping grant programmes. Currently, we are actively providing grants and seed funding to select startups under the Startups India Seed Fund Scheme (SISFS). For additional details, please visit our Funding page.
Vision
To empower young generations by creating future entrepreneurs and
innovative products for substantial contribution to economical, technological and
social development of the society.
Incubator in Numbers
Incubation
Workspace (sq. ft.)
Startups Supported
till date
Startups Currently
Incubated
Individual
Innovators
Onboarded
Mentors
Jobs
Created
Our Support to Entrepreneurs and Innovators
Physical Incubation
Physical incubation for product and service-based startup companies. We offer office and cubicle spaces inside a dedicated facility and access to labs and workshops.
Virtual Incubation
Remote incubation support for service-based startup companies. Incubation support includes mentoring, fundraising, and access to all virtual services of MIT TBI.
Seed Funding
Grant and soft loan to selected startups under the Startup India Seed Fund Scheme.
Rapid Prototyping
Composite 3D printing for manufacturing carbon fibre parts, full-fledged designing and machining facility for commercial use.
Student Innovation
Actively encourage current and recently graduated students of MIT-WPU and other institutes to take up entrepreneurship as a career choice.
Consultancy
Provide training and handholding support to other incubators in entrepreneurship development. We also undertake engineering consultancy projects in renewable energy, IoT, ITeS, etc.
Partners
Directors
Prof. Prakash Joshi
Joint Managing Trustee,Maeer’s Group of Institutions
Founding member of MIT College of Engineering. Prof. Joshi has 50+ years of experience in the areas of technology, administration, etc. He was elected as the Vice President of the Society of Automotive Engineers India for 2021-2022
Dr. Rahul V. Karad
Executive President,MIT World Peace University
An educationist at the forefront of the 70+ institutes strong MAEER's MIT Group of Institutions known for imparting Universal Value Based Education in the sphere of Higher Education & Learning.
Staff
Ninad Patil
Chief Executive OfficerMr. Ninad Patil has a vast experience in corporate sector. Worked with various esteemed MNCs for over 36 years before joining MIT TBI as CEO. He has a rich and diverse experience in Technical Product Design, Product Management, Marketing and Program/ Project Management, developing and nurturing diverse teams and entrepreneurs.
Incidentally, Mr. Ninad is the first Alumni of MIT passing out as Gold Medalist in Mechanical Engineering.
Manasi Sarpotdar
Manager MarketingMs. Manasi Sarpotdar has over 13 years of experience in handling customers in banking sector. She also has a vast experience in leading branch operations that included handling customer relations, compliances and customer services.
At MIT TBI, she is now handling external outreach, liaison with MIT-WPU Academia, creating and maintaining relations with government authorities and start-up ecosystem in Maharashtra.
Anjali Bapat
Manager OperationsMs. Anjali Bapat has a vast experience specializing in quality management, sales operations, and financial management, along with data analysis, compliance with various rankings and accreditations for educational institutions
AT MIT TBI, she is responsible for complete incubation process, offering support to start-ups, managing their periodic reviews and compliance to various government and non govt. schemes.
Vivek Uttekar
Assistant Manager Accounts & AdminMr. Vivek Uttekar has 8 years of experience in keeping accounts, maintaining payables, receivables, purchase invoicing, etc.
AT MIT TBI, he is responsible for complete handling of accounting and managing administrative support to both incubated start-ups and to MIT TBI.
Advisory Committee
Dr. Yogesh Bendale
Chairman and Managing Director, Rasayu Cancer Clinic
Shri Pradeep Bhalwankar
Managing Director, Twin Engineers Pvt Ltd
Shri Girish Chitale
Partner,
Chitale Industries
Shri Ravindra Deodhar
Chairman & Managing Director,
Pravi Auto Swing Pvt Ltd
Shri Ajit Gokhale
Sr. Vice President,
Invasystems Inc
Shri Ashok Jamenis
Corporate Finance Advisor
Shri Chaitanya Jaole
Corporate Finance Advisor
Shri Vishwas Kale
Managing Director,
Vijayesh Instruments
CA Ashwin Mahajan
Partner,
Mahajan and Bhapkar Chartered Accountants
Shri Girish Mehendale
Managing Director,
Microverse Automation
Dr Manisha Nene
Asst Professor and HoD,
Defence Institute of Advanced Technology
Shri Sunil Patel
Managing Director,
Swastid Auto
Dr Vishwas Phadnis
Associate Professor,
Sri Balaji University
Shri T P Vartak
Director,
T P Vartak Holdings and Investments
Dr. Piyush Lathi
Director & CEO of Magnum Primus Solutions Pvt. Ltd
MD Yogi Foods Pvt Ltd.
Shri. Milind Talathi
Ex President Centuri Enka
Shri. Ram Bhome
Engineering Professional & Consultant
Shri. Mahipal Patwardhan
Director - Aditya Engineering Pvt Ltd, Pune
Mr. Abhay Dixit
Director, Tarang Engineering Pvt Ltd
Shri. Sanjay Nibandhe
Expert in Automotive Safety and Testing, Homologation, NPD
Shri. Prashant Pimpalekar
Founder Director & CEO of Magnum Primus Solutions Pvt. Ltd.
Startups
Boost My Child
Edu TechBoostmychild is India’s fastest growing online parenting & child development App and platform for early childhood (Ages 0 to 6). It is developed by a team of leading child psychologists, paediatricians and early childhood educators with decades of experience.
Mr. Vipul Joshi
Cresa Greentech
Clean TechCresa GreenTech has developed the world's only hot water soluble sanitary napkins that dissolve and disintegrate in hot water and the slurry biodegrades naturally in the sewage system with easy, Safe and quick disposal without causing environmental pollution.
Ms. Sarika Pathak
Finstack Innovations
Fin TechFinStack provides a no-code full stack solution that helps Banks, NBFCs and FinTechs to digitize (and optimize) their lending processes - all without having to hire a single engineer - at the click of a few buttons!
Mr. Gaurav Agarwal
Listen2RE
Edu TechListen2RE - The Audio Learning App. The ultimate "Audio platform" for preparation of all exams conducted by MPSC. We provide audio books, audio notes, daily current affairs and much more for faster and effective revision of aspirants.
Mr. Sujit Chankhore
Proxi Pharma
Food TechPotion1st- A plant fibre based medical nutrition product to reverse metabolic syndrome by targeting gut microbiome. Freeze-dried health drinks for better living and curing of diseases such as diabetes, high blood pressure.
Dr. Madhur Motwani
Rowido
Agri TechRowido harnesses the power of technology to help farmers improve crop yields, reduce pesticide use, and promote sustainability. Doordarshak, is an advanced IoT-based device that collects real-time data on weather patterns and pest infestations and uses AI and ML algorithms to provide farmers with disease and pest alerts.
Mr. Sameer Pitale
Samhita Vedictech
HardwareKaalaayan - A Modern Clock based on Bharatiya Chronometry. The Kaalaayan will truly create a pure scientific perception about TIME which is the baseline and common thread to all Indic sciences. It will inspire Bharatiya people to revive and rejuvenate study of ancient treasure trove of knowledge.
Mr. Vinayak Bedekar
Sante Foods
Food TechHealth-friendly Dark chocolates made with jaggery (rich in iron and good for weight management), pure cocoa butter (good for heart) and Indian herbs like Shatavari, Shankhapushpi, brahmi etc.
Ms. Rucha Rokade
Sarvam Pharmatech
Food TechIndia's first B2B marketplace dedicated for the Pharma sector and delivering a complete transaction fulfillment solution. Our Digital first solution helps ease transaction journey and in the process improve product availability and achieve optimal price discovery by developing a networked pan-India supply chain.
Mr. Hrikesh Anjaria
Stellar Growth Solution
Fin TechTechnology enabled automated TDS Reconciliation Process, which acts as additional control mechanism that highlights non-compliance and provide reports to optimise compliance requirement from monthly TDS liability calculation till clause 34A reconciliation.
Ms. Sravani Gurav
Tecweg Utility Solutions
IoTTecWEG's BlueVision is a Patented product, featuring a retro-fit optoelectronic bundle that is incorporated with a miniature camera and can be seamlessly installed on any type of meter
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