IIT Madras incubation cell gets INR 14 crore from Medibuddy founders

1 min readUpdated on Mar 3, 2022 10:48 IST

MediBuddy’s co-founders Satish Kannan and Enbasekar, both alumnus of IIT Madras, were among the first incubatee of IIT Madras’s incubation cell, which was started as a deep tech incubator in 2013. 

The incubation cell of the Indian Institute of Technology (IIT) Madras has received INR 14 crore from a digital healthcare platform, MediBuddy, for its growth and development purpose. MediBuddy’s co-founders Satish Kannan and Enbasekar, both alumnus of IIT Madras, were among the first incubatee of IIT Madras’s incubation cell, which was started as a deep tech incubator in 2013. 

The incubation cell of IIT Madras has catered to more than 250 start-ups and helped budding entrepreneurs pave their way, survive and grow in a competitive market environment. The institution aims to create an ecosystem to support the budding entrepreneurs. The initial INR 5 lakh that was given by IIT Madras helped us get started,” said Satish Kannan, co-founder and chief executive officer of MediBuddy. 

IIT Madras Research Park launches book 

The IITM Research Park (IITMRP) in association with IIT Madras and the IITM Alumni Association (IITMAA) has launched a book ‘The IITM Nexus’, tracing the inspiring journey of 16 IIT Madras entrepreneurs alumni spanning across five decades and their rise towards becoming some of the country’s biggest entrepreneurial successes.  

Q:   Is BTech available in IIT Madras?
A:

Yes, a full-time four-year BTech course is available at IIT Madras. Admission to this course is completely entrance-based. Candidates can pursue BTech course across various popular specialisations, including Aerospace Engineering, Aerospace3 Engineering, CSE, Metallurgical and Materials Engineering, etc. IIT Madras BTech admission are offered on total 1,195 seats through a common admission process. Candidates are selected based on valid JEE Main, followed by JEE Advanced scores.

Q:   What is IIT Madras famous for?
A:

IIT Madras has been consistently ranked 1 by the NIRF Rankings in 2023 for the fourth time in a row and Internationally, IIT Madras was ranked 255 in the QS World University Rankings of 2022. the IIT Madras famous course is B.Tech. Moreover, the top recruiters such as Microsoft, Goldman Sachs, McKinsey & Company visited the campus and the highest package offered during IIT Madras placements 2023 was  INR 1. 31 crore per annum. Additionally, IIT Madras median package for almost all the courses recorded an improving trend.

Q:   Which is the biggest festival of IIT Madras?
A:

IIT Madras conducts an annual fest called Shaastra. It is an annual technical festival organised to celebrate unconstrained thinking and love for the spirit of engineering.

Another cultural festival organised by IIT Madras is Saarang, It is the largest cultural fest in India held every year in the month of January.

The book authored by Shrikant Sundararajan, Shree Pandey and Shibani Shashin is a testament to the ambitious vision of IIT Madras, IITM Research Park and IITM Incubation Cell in inspiring, influencing, and nurturing entrepreneurs across the decades who have held illustrious achievements in India and globally.  

Q:   Is M.Tech available at IIT Madras?
A:

Yes, the Indian Institute of Technology Madras offers a two-year full-time M.Tech course at the postgraduate level. The institute offers 30 MTech specialisations for BE/ BTech graduates across 12 departments. IIT Madras MTech admission will be conducted via the GATE 2025 exam. Candidates seeking admission must register for GATE to get admission to IIT Madras.

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Answered 2 months ago

The BTech fees for IIT Madras ranges between INR 9.15 Lacs - INR 15.91 Lacs in the year 2025. The aforementioned fee for IIT Madras BTech fees is a combination of the tuition fee, hostel fees, one-time payments and other fees. Candidates can look at the official website to learn the individual charg

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S

Saurabh Khanduri

Contributor-Level 10

Answered a week ago

Firstly you qualify the JEE Mains exam and cuttoff is according to your category like if you are general then your JEE Mains cutoff is 93 percentile if you are obc then your cuttoff is 79 percentile. 

Then if you are qualify the exam of JEE Mains then you must clear the JEE advanced.  Then according

...Read more

A

Ashutosh Yadav

Beginner-Level 2

Answered 2 months ago

No, JEE exams are not mandatory for BSc admissions at IIT Madras. Candidates who wish to take admissions into the BSc course at IIT Madras must appear for IISER entrance examination. The admissions into IIT Madras BSc courses are decided on merit basis where, the scores obtained by candidates in the

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S

Saurabh Khanduri

Contributor-Level 10

Answered 2 months ago

IIT Madras BTech Fees in 2025 is INR 8 L - INR 10 lakh.  The tuition fee is applicable for the entire course duration. The course duration is four years. The first fee instalment must be paid at the time of admission to secure the seat.

M

Ms Shruti Gupta

Contributor-Level 10

Answered 2 months ago

The total fees for IIT Madras MBA in 2025 is estimated between INR 2.35 Lakh- INR 18.09 Lakh. This includes:

  • Tuition fee: INR 1.26 L - INR 17 Lakh
  • Accommodation fee (hostel and mess): approximately INR 1.07 Lakh
  • One-time fees such as admission and registration fees which is around INR 2,000

M

Ms Shruti Gupta

Contributor-Level 10

Answered 2 months ago

Indian Institute of Technology Chennai (Chennai IIT Campus), through its various departments, offers UG, PG, and other courses to students. These courses are provided across Engineering and various other streams. Below table shows the list of IIT Madras in Chennai departments in detail:

IIT Madras Departments

Aerospace Engineering

Applied Mechanics

Biotechnology

Chemical Engineering

Chemistry

Civil Engineering

Computer Science and Engineering

Electrical Design

Humanities and Social Sciences

Management Studies

Mathematics

Metallurgical and Materials Engineering

Mechanical Engineering

Ocean Engineering

Electrical Engineering

Physics

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L

Liyansha Jain

Contributor-Level 10

Answered 2 months ago

IIT Madras MBA programme tuition fee in 2025 is somewhere in the range of INR 1.26 Lacs - INR 17 Lakh. The tuition fee also depends on the duration of the course. Tuition fees is payable semester-wise. ALong side, candidates must pay the first instalment of fee to confirm their admission.

M

Ms Shruti Gupta

Contributor-Level 10

Answered 2 months ago

For IIT Madras summer internships, a candidate must fulfill the following criteria:

  • Working Professionals are not eligible to apply for internships
  • Students must pursue the IITM BSc Degree without other commitments (on-campus degree or full-time job)
  • Students will have to fulfill training requirements

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R

Rashmi Shukla

Contributor-Level 9