MIT TBI
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
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.
Dr. Mangesh Karad
Executive President,MIT ADT University
Dr. Mangesh Karad is a dynamic and eminent educationist who is a passionate, progressive, strongly philosophical and hard working person.
Staff
Dr. Abhijit Sathe
Chief Executive OfficerDr. Sathe has several years of industry experience including nearly 5 years within incubation and entrepreneurship ecosystem. An engineer by profession, he brings in technical expertise required for technology innovations.
Ms. Snehal Dixit
Incubator ManagerSnehal who is a computer science engineering graduate, comes with 3+ years of experience in Startup and Incubation ecosystem. She currently handles different strategical and executional aspects of MIT TBI.
Mr. Omkar Kudav
Assistant ManagerOmkar currently handles responsibility of incubation and program management at MIT TBI. He is also responsible for outreach activities at the incubator.
Advisory Committee
Shri Pradeep Bhalwankar
Managing Director, Twin Engineers Pvt Ltd
Shri Ravindra Deodhar
Chairman & Managing Director,
Pravi Auto Swing Pvt Ltd
Shri Ashok Jamenis
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
Shri Pradeep Navale
Sr. Vice President,
John Deere
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
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.
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.
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!
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.
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.
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.
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.
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.
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.
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.
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