MIT Technology Business Incubator (TBI)
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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.

Services/Support Offered
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.
Our Team
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.
Start-ups
Logo
Startup & Sector
Founder/Cofounder
Start Up Description

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

Akxy Solutions
CleantechMr.Sarthwah Bhondge
Home composter that turns organic waste into compost in a simple and fast way.

Andes
E- commerce Tech.Aryan Gupta
App-based laundry service platform that aims to provide fast, reliable and eco-friendly laundry services.

BharatGo (Old Co. Kwyk)
SaaSPravin Adik
Enables artisans and small businesses in Tier 2/3 cities to create online stores easily.
Boost My Child
Edu TechMr. Vipul Joshi
Parenting and child development app for ages 0–6, developed by experts.

Cresa Green Tech
SaaSMs. Sarika Pathak
Produces biodegradable, hot-water-soluble sanitary pads for eco-friendly menstrual hygiene.

Dev Code
SoftwareMs. Sarika Pathak
Devcode Software solution Pvt ltd ,A premier destination for Website Development, SEO, and Digital Marketing solutions.

Engineer's Cradle
AutomotiveMr. Shubham Bhoir
A sociotech platform connecting individuals and organizations to resources for technical and economic growth.

Ergen Technovation
ManufacturingSahil Nahar
Develops fast, efficient EV chargers using advanced semiconductor technology.
Jackfruit Slicer (Fhanas)
Agri-Tech / Food ProcessingDr. Amit Deogirikar
Semiautomatic jackfruit slicer using vibratory feeding mechanism

Lway Technologies
SaaSLalit Gangurde
Travel app solving user, driver, and vendor challenges with thousands of rides completed.

Manastik Technologies
Healthcare & BiotechSoubhik Das
Offers AI-based teleneurology and dementia care solutions, including screening and tracking.

Mobility Nxt
AutomotiveK 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.

My Orl Care
Healthcare & BiotechDr. Snehal Dhatrak
Oral hygiene products like 360° toothbrush and advanced floss.

Nilav Softech Solution
Information TechnologyAnil Asewar
Computer programming, consultancy and related activities

NS Wealth
FintechNitin Sawant
A trusted, inclusive, and consent-driven, financial data-sharing ecosystem.

Occular
ManufacturingAniket 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 Farma
Food TechDr.Madhur Motwani
Nutrition drinks made from plant fiber to reverse metabolic disorders by targeting the gut microbiome.

Queliz Lifetech
Healthcare & BiotechSwapnil Bukshete
Developing a hand rehabilitation device for patients with limited hand functionality.

Rowido LLP
Agri TechMr. Sameer Pitale
IoT-based agri-device giving real-time pest and weather alerts using AI/ML.

RS Structure Associates
ConstructionMs. Shweta Kamble
Patented concrete honeycomb design reducing steel usage in infrastructure.

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 Foods
Food TechMs. Rucha Rokade
Herbal jaggery-based chocolates with health benefits like iron and heart wellness.

Sarvam Pharmatech
Healthcare & BiotechMs. 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.

Sewagram (Shreedha Green Solutions)
CleantechBalwant Dhage
Washable Khadi napkins replacing paper napkins; also promotes rural jobs.

(SpringMoney) 2AN Technologies
FintechNikhil Narkhedkar / Omkar Jadhav
A platform for financial advisors and AMCs to manage client acquisition, planning, and compliance.

Stellar Growth Solution
Fin TechMs. Sravani Gurav
Automates TDS reconciliation and compliance with monthly reporting.

Suyash CBG
Clean TechMr. Dilip Patwardhan
Village-level biogas compression and storage system enabling farmers to monetize surplus biogas.

Tecweg Utility Solutions
HardwareMr. Ajinkya Chaphekar
Provides smart, affordable resource-monitoring systems for water, gas, and electricity

Telosa Data Decision
SaaSMs. Neelam Talera
Helps SMBs manage online visibility and customer engagement across digital platforms.

Thuzar Media Private Limited
EdutechMs. Vaishali Gajbhiye
Edutech platform delivering engaging educational content for learners aged 0–19.

ToyTrunk
Hardware / Consumer ProductsMs. Priyanka Vaiude
Handcrafted wooden toys for improving motor and cognitive skills in children aged 0–6.

TransVitals
Healthcare & BiotechMr. Gautam Morey
Wearable sensor (LifePatch) for tracking Basal Body Temperature (BBT) for natural family planning.

UtopicTech
Healthcare & BiotechMr. Mehul Baldwa
Finger-prick-based device to measure kidney function in one minute, enhancing diagnostics.
Vashi
ESDM and Consumer electronicsSushrut Tilwankar
Embedded systems Workbench which is a hardware interface, which make prototyping easy and cheap for students , hobbyist and professionals.

Virra Engineers
AutomativeMr. 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 (Inator)
SaaSMr. Harsh Savargaonkar
Builds AR and IoT-based platforms for real-time sports data analysis and visualization.

Wissenkraft Labs
Healthcare & BiotechDr. Chinmay Khare
Provides orthopedic implants and surface-engineered products to enhance health and mobility.

Zerton Education Technologies
EdutechMr. 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.
MIT Technology Business Incubator (MIT TBI), MIT-WPU University, Pune





