Monthly Archives: June 2023

The Indian Institute of Technology, Madras (IIT-M)’s incubation centre created over 300 deep-tech startups in the past 12 years, 82% of which survive beyond the first five years, said Ashok Jhunjhunwala, president of IIT-M Research Park and Incubation Cell, and a professor at the institute.

He set up the Telecommunications and Computer Networking Group (TENET) at IIT-Madras that helped chart India’s telecom journey in many ways including the transition to 5G. He also launched the IIT-M research park that is being emulated everywhere.

“While growing up in a conservative Marwadi joint family in Kolkata, I often experienced frequent tussles between my family members over financial matters. Therefore, my first ambition as a child was to open a factory when I grew up so that I could provide for my family and live together with them happily.

Young technologists brainstorm voice-driven banking services through hackathon at IITM Research Park