MIT Technology Business Incubator (TBI)

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About

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.

MIT-TBI

Services/Support Offered

Physical Incubation

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

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

Seed Funding

Grant and soft loan to selected startups under the Startup India Seed Fund Scheme.

Rapid Prototyping

Rapid Prototyping

Composite 3D printing for manufacturing carbon fibre parts, full-fledged designing and machining facility for commercial use.

Student Innovation

Student Innovation

Actively encourage current and recently graduated students of MIT-WPU and other institutes to take up entrepreneurship as a career choice.

Consultancy

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

AWS
DST
EDII
Fundenable
IIC
ISBA
MIT-WPU
Villgro

Directors

prakash joshi

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

rahul karad

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.

Our Team

Ninad Patil-tbi

Ninad Patil

Chief Executive Officer

Mr. 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-mit-tbi

Manasi Sarpotdar

Manager Marketing

Ms. 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-tbi

Anjali Bapat

Manager Operations

Ms. 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-mit-tbi

Vivek Uttekar

Assistant Manager Accounts & Admin

Mr. 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.

Start-ups

Logo
Startup & Sector
Founder/Cofounder
Start Up Description
Boostmychild
Agrofix
Agritech
Jaydeep Aher

Builds precision robotic weed sprayers that improve farm efficiency and reduce chemical use.

Akxy Solutions
Akxy Solutions
Cleantech
Mr.Sarthwah Bhondge

Home composter that turns organic waste into compost in a simple and fast way.

Andes
Andes
E- commerce Tech.
Aryan Gupta

App-based laundry service platform that aims to provide fast, reliable and eco-friendly laundry services.

BharatGo
BharatGo (Old Co. Kwyk)
SaaS
Pravin Adik

Enables artisans and small businesses in Tier 2/3 cities to create online stores easily.

Boostmychild
Boost My Child
Edu Tech
Mr. Vipul Joshi

Parenting and child development app for ages 0–6, developed by experts.

Cresa
Cresa Green Tech
SaaS
Ms. Sarika Pathak

Produces biodegradable, hot-water-soluble sanitary pads for eco-friendly menstrual hygiene.

DevCode
Dev Code
Software
Ms. Sarika Pathak

Devcode Software solution Pvt ltd ,A premier destination for Website Development, SEO, and Digital Marketing solutions.

DevCode
Engineer's Cradle
Automotive
Mr. Shubham Bhoir

A sociotech platform connecting individuals and organizations to resources for technical and economic growth.

DevCode
Ergen Technovation
Manufacturing
Sahil Nahar

Develops fast, efficient EV chargers using advanced semiconductor technology.

-
Jackfruit Slicer (Fhanas)
Agri-Tech / Food Processing
Dr. Amit Deogirikar

Semiautomatic jackfruit slicer using vibratory feeding mechanism

Finstack
Lway Technologies
SaaS
Lalit Gangurde

Travel app solving user, driver, and vendor challenges with thousands of rides completed.

Finstack
Manastik Technologies
Healthcare & Biotech
Soubhik Das

Offers AI-based teleneurology and dementia care solutions, including screening and tracking.

Finstack
Mobility Nxt
Automotive
K Venkataraj

MobilityNxt is bridging India’s skill gap in Electric Vehicles (EVs) and Artificial Intelligence (AI) through industry-driven training programs. It partners with leading institutions like ASDC and Virginia Tech India to offer globally recognized certifications and prepare a future-ready workforce.

Finstack
My Orl Care
Healthcare & Biotech
Dr. Snehal Dhatrak

Oral hygiene products like 360° toothbrush and advanced floss.

Finstack
Nilav Softech Solution
Information Technology
Anil Asewar

Computer programming, consultancy and related activities

Finstack
NS Wealth
Fintech
Nitin Sawant

A trusted, inclusive, and consent-driven, financial data-sharing ecosystem.

Finstack
Occular
Manufacturing
Aniket Tambe

India's first Urgent Manufacturing Platform Place manufacturing orders online Manages the entire process: sourcing, manufacturing, quality control and delivery. Get Real Time Tracking with fast, reliable, global delivery without dealing with complexity.

-
Paytan
Fashion & Lifestyle (Footwear Manufacturing)
Kailas Shinde

Handcrafted footwear brand from Maharashtra

Proxi
Proxi Farma
Food Tech
Dr.Madhur Motwani

Nutrition drinks made from plant fiber to reverse metabolic disorders by targeting the gut microbiome.

Proxi
Queliz Lifetech
Healthcare & Biotech
Swapnil Bukshete

Developing a hand rehabilitation device for patients with limited hand functionality.

Rowido
Rowido LLP
Agri Tech
Mr. Sameer Pitale

IoT-based agri-device giving real-time pest and weather alerts using AI/ML.

Rowido
RS Structure Associates
Construction
Ms. Shweta Kamble

Patented concrete honeycomb design reducing steel usage in infrastructure.

Samhita
Samhita Vedictech
Science & Technology (Research & Innovation)
Mr. Vinayak Bedekar

Kaalaayan - 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.

Sante
Sante Foods
Food Tech
Ms. Rucha Rokade

Herbal jaggery-based chocolates with health benefits like iron and heart wellness.

Sarvam
Sarvam Pharmatech
Healthcare & Biotech
Ms. Vaishali Anjaria

India'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.

Sarvam
Sewagram (Shreedha Green Solutions)
Cleantech
Balwant Dhage

Washable Khadi napkins replacing paper napkins; also promotes rural jobs.

Sarvam
(SpringMoney) 2AN Technologies
Fintech
Nikhil Narkhedkar / Omkar Jadhav

A platform for financial advisors and AMCs to manage client acquisition, planning, and compliance.

Stellar
Stellar Growth Solution
Fin Tech
Ms. Sravani Gurav

Automates TDS reconciliation and compliance with monthly reporting.

Suyash-CBG
Suyash CBG
Clean Tech
Mr. Dilip Patwardhan

Village-level biogas compression and storage system enabling farmers to monetize surplus biogas.

Tecweg
Tecweg Utility Solutions
Hardware
Mr. Ajinkya Chaphekar

Provides smart, affordable resource-monitoring systems for water, gas, and electricity

Telosa
Telosa Data Decision
SaaS
Ms. Neelam Talera

Helps SMBs manage online visibility and customer engagement across digital platforms.

Thuzar Media
Thuzar Media Private Limited
Edutech
Ms. Vaishali Gajbhiye

Edutech platform delivering engaging educational content for learners aged 0–19.

Thuzar Media
ToyTrunk
Hardware / Consumer Products
Ms. Priyanka Vaiude

Handcrafted wooden toys for improving motor and cognitive skills in children aged 0–6.

Thuzar Media
TransVitals
Healthcare & Biotech
Mr. Gautam Morey

Wearable sensor (LifePatch) for tracking Basal Body Temperature (BBT) for natural family planning.

UtopicTech
UtopicTech
Healthcare & Biotech
Mr. Mehul Baldwa

Finger-prick-based device to measure kidney function in one minute, enhancing diagnostics.

-
Vashi
ESDM and Consumer electronics
Sushrut Tilwankar

Embedded systems Workbench which is a hardware interface, which make prototyping easy and cheap for students , hobbyist and professionals.

Virra-Engineers
Virra Engineers
Automative
Mr. Sanyam Kawde

Startup making affordable electric street vending carts to eliminate the physical effort by developing a sensor driven electric drivetrain specially engineered for them. This helps in increasing efficiency, vending radius, load capacity thus increasing earnings and reducing potential musculoskeletal issues that may arise from long term pushing carts for earning.

Wega Labs
Wega Labs (Inator)
SaaS
Mr. Harsh Savargaonkar

Builds AR and IoT-based platforms for real-time sports data analysis and visualization.

Wissenkraft Labs
Wissenkraft Labs
Healthcare & Biotech
Dr. Chinmay Khare

Provides orthopedic implants and surface-engineered products to enhance health and mobility.

Zerton Education
Zerton Education Technologies
Edutech
Mr. Sujit Chankhore

Audiobook platform (Listen2RE) for MPSC aspirants to study and revise efficiently.

CSR

MIT TBI is Now CSR-Eligible!

Empower Innovation. Partner for Impact.

MIT Technology Business Incubator (MIT TBI) is proud to announce that we are now CSR-1 approved and 80G certified, making us officially eligible to receive CSR funds and philanthropic contributions from corporates and institutions.

Why It Matters

These recognitions enable MIT TBI to:

  • Receive CSR funding under the Companies Act, 2013
  • Offer tax benefits to donors under Section 80G
  • Ensure transparency and accountability in fund utilisation

Focus Areas

CSR contributions will drive:

  • Startup incubation and mentoring
  • Prototype and infrastructure development
  • Entrepreneurship and innovation-led social impact initiatives

Partner With Us

Join hands with MIT TBI to foster innovation and technology-driven growth.

info@mittbi.org

MIT Technology Business Incubator (MIT TBI), MIT-WPU University, Pune

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