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 start-ups. 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 start-ups 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 start-ups under the Start-up India Seed Fund Scheme (SISFS). For additional details, please visit our Funding page.


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

12000 +

Workspace (sq. ft.)


Startups supported
till date


Startups currently







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.


Provide training and handholding support to other incubators in entrepreneurship development. We also undertake engineering consultancy projects in renewable energy, IoT, ITeS, etc.



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.


Dr. Abhijit Sathe

Chief Executive Officer

Dr. 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 Manager

Snehal 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 Manager

Omkar currently handles responsibility of incubation and program management at MIT TBI. He is also responsible for outreach activities at the incubator.

Advisory Committee

Dr. Yogesh Bendale  

Chairman and Managing Director, Rasayu Cancer Clinic

Shri Pradeep Bhalwankar

Managing Director, Twin Engineers Pvt Ltd

Shri Girish Chitale  

Chitale Industries

Shri Ravindra Deodhar

Chairman & Managing Director,
Pravi Auto Swing Pvt Ltd

Shri Ajit Gokhale  

Sr. Vice President,
Invasystems Inc

Shri Narayan Jadhav  

Head - Vehicle Engineering,
Tata Motors

Shri Ashok Jamenis

Corporate Finance Advisor

Shri Chaitanya Jaole  

Corporate Finance Advisor

Shri Vishwas Kale

Managing Director,
Vijayesh Instruments

CA Ashwin Mahajan

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

T P Vartak Holdings and Investments


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