IIT Madras Incubation Cell (IITMIC) is India's leading deep-tech startup hub, established in 2013 to nurture technology-based entrepreneurship. As of late 2025, it has reached a significant milestone by incubating over 500 deep-tech startups with a combined valuation exceeding ₹53,000 crore.
Startup Growth: In the 2024–25 financial year alone, the cell incubated 104 startups, a historic high for the institution.
Economic Impact: Startups from the ecosystem have raised over ₹17,000 crore in venture capital and created more than 100,000 direct jobs.