IIT Madras Launches New Center in California to Boost Indian Deep-Tech Startups
IIT-Madras launches centre in California, to be launchpad for Indian deep-tech start-ups
Hindustan Times
Image: Hindustan Times
The Indian Institute of Technology Madras has established its first center in Menlo Park, California, aimed at enhancing India's deep-tech innovation. With a planned investment of $7.5 million, the center will support Indian startups in accessing global markets and mentorship, while also fostering industry-academia partnerships.
- 01IIT Madras has opened its first US center in Menlo Park, California.
- 02The center represents a $7.5 million investment to support Indian deep-tech startups.
- 03It aims to facilitate access to global capital, markets, and mentorship.
- 04A second center is planned for the US East Coast to enhance innovation collaboration.
- 05The initiative strengthens India-US ties in technology and innovation.
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The Indian Institute of Technology Madras Global Research Foundation has launched its first center in the United States, located in Menlo Park, California, on April 24. This initiative, announced during the SelectUSA Investment Summit, aims to expand India's deep-tech innovation landscape. The center will be developed with a total investment of $7.5 million, including $4.5 million from IITM Global. It is strategically positioned near Silicon Valley to serve as a launchpad for Indian deep-tech startups, providing access to global capital, mentorship, and market opportunities. Additionally, the center will focus on advancing deep-tech research and commercialization while fostering partnerships between industry and academia. Plans are also underway for a second center on the US East Coast, further solidifying IIT Madras's presence in key innovation corridors. This expansion is expected to enhance collaboration between Indian and US tech ecosystems, as highlighted by discussions between Indian Ambassador to the US Vinay Mohan Kwatra and founders of IIT Madras-incubated startups.
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The establishment of the IIT Madras center in California will provide Indian startups with vital resources and connections to enhance their growth and innovation capabilities in the global market.
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