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Life Science startups across IITs, IIMs & other incubation centers

18 March 2015 | Features | By BioSpectrum Bureau

Life Science startups across IITs, IIMs & other incubation centres

(Photo Courtesy:

(Photo Courtesy:

IIT Delhi

The Technology Business Incubator (TBI) has been in active operation in the institute since 2000. The TBI is conceived, programmed and implemented by the Foundation for Innovative and Technology Transfer (FITT), which is the Industry interface unit of the institute.

Total Current Incubatees: 10 / Life Sciences: 4
Total Graduated Incubatees: 30 / Life Sciences: 3
Total Companies: 40 / Life Sciences: 7

IIT Mumbai

Society for Innovation and Entrepreneurship (SINE) manages a technology business incubator at Indian Institute of Technology (IIT Mumbai). Set up in 2004, the incubator is a platform to support technology startups founded by IIT Mumbai community or are based on IIT Mumbai technologies.


Total Companies: 21 / Life Sciences: 2

IIT Madras

IIT Madras Incubation Cell (IITM-IC) aims to coordinate, synergize and leverage the various strands of excellence driving innovation and entrepreneurship in a thriving ecosystem. Over 30 companies incubated. These ventures have been founded by students, faculty, staff and alumni of IITM and external members (R&D partners) across multiple sectors.

Total Companies: 46 / Life Sciences: 8

IIT Hyderabad

IIT Hyderabad incubator, known as the Centre for Innovation and Entrepreneurship (CIE) at IIT-Hyderabad, provides an ecosystem for technology commercialization and entrepreneurial action.

Total Current Incubatees: 16 / Life Sciences: 2
Total Graduated Incubatees: 30 / Life Sciences: 0
Total Companies: 46 / Life Sciences: 2

IIT Kharagpur

Technology Incubation and Entrepreneurship Training Society (TIETS) is a dynamic virtual incubation at IIT Kharagpur (KGP) for entrepreneurship development society.

Total Companies: 26 / Life Sciences: 5

IIT Varanasi (BHU)

Malaviya Centre for Innovation, Incubation and Entrepreneurship (MCIIE) is a not-for-profit society at IIT (BHU), dedicated to promote innovation and entrepreneurship.

Total Current Incubatees: 08 / Life Sciences: 1
Total Graduated Incubatees: 0 / Life Sciences: 0

IIT Guwahati

Established in 2010, IITG-Technology Incubation Centre (IITG-TIC) goal is to encourage entrepreneurial initiatives amongst the faculty and alumni of the IITG community in particular and other State or Central Government Technical Institutions of the North East.

Total Current Incubatees: 6 / Life Sciences: 1

IIT Roopnagar

CIBI (Centre for Innovation and Business Incubation) matured out of IIT Roopnagar's small step of setting up an entrepreneurship cell (E-Cell) in 2010.
Students and faculty members actively explore the possibilities of setting up ventures based on their own technologies and ideas. CIBI came into existence in 2013.

Total Current Incubatees: 2 / Life Sciences: 0

IIT Kanpur

SIDBI Innovation & Incubation Centre (SIIC) at IIT Kanpur was set up in collaboration with Small Industries Development Bank of India (SIDBI) to foster innovation, research and entrepreneurial activities in technology related areas. Established in 2000 with the vision of transforming knowledge into wealth, and creating a generation of zealous entrepreneurs.

Total Current Incubatees: 24 / Life Sciences: 3

Indian Angel Network

IAN in an equity based business incubator center that gives priority to ventures in the areas of healthcare, gaming and animation cloud computing, retail, mobile VAS, media and entertainment, alternative energy, education and clean technology. It has been established with the support of the National Science & Technology Entrepreneurship Development Board and the Department of Science & Technology of the Government of India.

Total Companies: 37 / Life Sciences: 2

GSF M-Accelerator

Started in 2012, GSF M-Accelerator is a specialized accelerator program for mobile startups. Functioning as a 'super-accelerator' by design, GSF M-Accelerator offers founders four months to make the kind of progress ordinarily accomplished in six to eight months. 

Total Companies: 36 / Life Sciences: 1

Startup Oasis

Startup Oasis is a Jaipur-based incubation centre set-up at the joint initiative of RIICO, Rajasthan's premiere industrial promotion organization, and the Centre for Innovation, Incubation and Entrepreneurship (CIIE) at IIM Ahmedabad.

Total Companies: 43 / Life Sciences: 1

Venture Center (Pune)

The BioIncubator at Venture Center aims to nucleate and nurture technology and knowledge-based enterprises leveraging knowledge in the areas of biotechnology (biopharma, agrobiotech, industrial biotech, and clean technology), biomedical engineering/ devices/ diagnostics, biomass value addition/ renewable fuels/chemicals/materials, bioinformatics, bio/medical services and related disciplines.

Total Companies: 24 / Life Sciences: 24

NCL Innovations

NCL Innovations was founded on 19 February 2007 as a new resource center of the National Chemical Laboratory, Pune to champion the cause of technology innovations within the organization.

Total Companies: 5 / Life Sciences: 2

IIM Ahmedabad

Aarohan Ventures is an early stage venture fund and incubator focused on building scalable education, healthcare and technology for development solutions. Aarohan supports social enterprises through seed funding, mentoring, grassroot support through partners, investment and strategic advisory by leveraging the IIMA community.

Total Companies: 8 / Life Sciences: 2

IIM Calcutta

IIM Calcutta Innovation Park (IIP), was set up under the aegis of the Centre for Entrepreneurship and Innovation (CEI) to incubate and accelerate the growth of start-ups in India.

Total Companies: 5 / Life Sciences: 2

IIM Bangalore

Set up in March 2002 as a focal point for entrepreneurial studies at IIM Bangalore, the Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL) facilitates business growth through academic research by scholars and practical learning for entrepreneurs.

Total Current Incubatees: 8 / Life Sciences: 0
Total Graduated Incubatees: 32 / Life Sciences: 1
Total Companies: 40 / Life Sciences: 1

IIM Lucknow

The Entrepreneurship cell of IIM Lucknow consists of students of IIM Lucknow committed to fostering entrepreneurial spirit among the students. It is considered to be a platform in terms of seed-funding, incubation, mentoring, training, knowledge dissemination and best practice research to convert path-breaking business ideas into self-sustaining business ventures.

Total Companies: 2  / Life Sciences: 0


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