SINE

Society for Innovation and Entrepreneurship (SINE) at IIT Bombay offers ‘Start to scale’ support, transforming research and ideas into successful ventures.

Overview

SINE is a Broad Spectrum Technology Business Incubator that has supported several early-stage startups across various technology domains. Backed by key government departments, including DST, Ministry of Electronics and Information Technology (MeitY), Technology Development Board (TDB), Biotechnology Industry Research Assistance Council (BIRAC) - Department of Biotechnology (DBT), Ministry of Defence (MoD), and Ministry of Power (MoP),through their numerous schemes for startups. Additionally, SINE collaborates with international organizations and partners with Corporates for their Open Innovation Needs and CSR initiatives, further strengthening the ecosystem for startups.

Mission

Create an ecosystem that will foster and support innovation and knowledge-based entrepreneurship within the IIT Bombay community, leading to the creation of wealth and social value through successful ventures.

Vision

Provide an environment to translate knowledge and innovation into the creation of successful entrepreneurs.

SINE’s Success Captured in Numbers

Overall Startups Supported

Entrepreneurs & Innovators Supported

Employment Generated by SINE Startups

₹Cr.

Total funds raised by SINE Startups

Total IPs generated by our startups

Number of programs managed

SINE'sJourney & Milestone

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SINE'sJourney & Milestone

2000 - 2004

Pilot: one of the early incubators in academia

Sector Focus - IT/ITES, ICT

No of Companies - 12

Support from - IIT Bombay Alumni, IIT Bombay

2005 - 2009

Incubation as an institution, Structure Processes, Business Model. SINE templates became benchmark

Sector Focus - Broad Spectrum

No of Companies - 21

Support from - IIT Bombay, Govt: DST. TDB, MeitY

Formation of SINE as a Society in 2004

2010 - 2014

Incubation as an institution, Structure Processes, Business Model. SINE templates became benchmark

Sector Focus - Broad Spectrum

No. of Companies - 18

New Initiatives - Protype grants for student innovators

Support from - IIT Bombay, Govt: DST, TDB, Meity IIT Bombay Alumni

Best Incubator Award from DST in 2009

2015 - 2019

Expansion, New Programs, CoE, Partnerships, International programs

Sector Focus - BioMedTech & Defence Verticals added

No of Companies - 84

New initiatives: Scube, Plugin, AIT, IRBI, Prototype & EiR grants, CSR

Support from IIT Bombay

Govt: DST, TDB, MeitY, IDEX, BIRAC, SAP, Intel

DST-COE & BioNest

2020 - 2023

Expansion, New Programs, CoE, Partnerships, International programs

Sector Focus - Broad Spectrum

No of Companies - 77

New initiative: Covid specific CAWACH & SASACT

Support from - DST-CAWACH

Best Incubator Award from IESA in 2020

2024 and beyond

Deepening Impact Through Scale, Partnerships, and Innovation -
SINE continues to grow in scale, both in terms of infrastructure and the number of startups supported. The focus remains on strengthening India’s technology and innovation ecosystem through collaboration with Government, Industry and Academia

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Our Board of Directors

Our Board of Directors
Our Mentors
Our Team

At SINE, our dedicated team is passionate about driving innovation and entrepreneurship. Each member brings a wealth of experience and expertise to support our startups, ensuring they have the resources they need to thrive.

Prof. Shireesh Kedare

Chairman

Prof. Milind D. Atrey

Governing Board member

Prof K V Krishna Rao

Governing Board member

Mr. Samir Kumar

Vice Chairman

Achievements

SINE

Start-ups

'Star Contributor' award by the Institution's Innovation Council (IIC)

SINE IIT Bombay has been honored with the esteemed 'Star Contributor' award by the Institution's Innovation Council (IIC) at IIT Bombay in 2024, acknowledging its exceptional contributions to IIC 6.0.

AssisTech Foundation (ATF)

SINE, IIT Bombay, has received the 'Best Assistive Technology Investor of the Year' award at the AssisTech Foundation Awards 2023, recognizing innovative excellence in assistive technology.

Department of Science and Technology, Government of India.

SINE, IIT Bombay, was honored by DST for its outstanding contributions to innovation and entrepreneurship at the DST Startup Utsav event, part of the Azadi ka Amrit Mahotsav celebration in 2022.

IESA

India Electronics and Semiconductor Association honored SINE, IIT Bombay, with the 'Incubator of the Year' award at the 2019 Technovation Awards.

DST in 2009

SINE received the prestigious 'Best Incubator Award' from the DST in 2009, a testament to its excellence and a milestone that cemented its position as a leading incubator in the country.

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Achievements

SINE

Start-ups

'Star Contributor' award by the Institution's Innovation Council (IIC)

AssisTech Foundation (ATF)

SINE, IIT Bombay, has received the 'Best Assistive Technology Investor of the Year' award at the AssisTech Foundation Awards 2023, recognizing innovative excellence in assistive technology.

Department of Science and Technology, Government of India.

SINE, IIT Bombay, was honored by DST for its outstanding contributions to innovation and entrepreneurship at the DST Startup Utsav event, part of the Azadi ka Amrit Mahotsav celebration in 2022.

IESA

India Electronics and Semiconductor Association honored SINE, IIT Bombay, with the 'Incubator of the Year' award at the 2019 Technovation Awards.

DST in 2009

SINE received the prestigious 'Best Incubator Award' from the DST in 2009, a testament to its excellence and a milestone that cemented its position as a leading incubator in the country.

Media Coverage

SINE

Start-ups

Contact Us

Have questions? Reach out to us and we’ll be happy to assist.

Email Address

sine@sineiitb.org

Phone Number

022 2576 7016

Locate Us

Society for Innovation and Entrepreneurship, 5th Floor, RBTIC Building, Opp. VMCC, IIT Bombay, Powai, Mumbai – 400 076.

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For Startups

For Partnership

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