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.

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.  

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Commonly asked questions
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.

Q:   Is M.Tech programme 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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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.  

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Commonly asked questions
Q:   Is MBA available at IIT Madras?
A: 

Yes, IIT Madras offers MBA course via the Department of Management Studies (DoMS). The duration of this course is two-years, which is divided into seven quarters. Candidates who hold a UG degree in the relevant stream and have a valid CAT score can apply online on the official website of IIT Madras. Students can pursue this course in the following specialisations:

  • Finance
  • Integrative Management
  • Marketing
  • HR & OB
  • Operations
  • Information Systems
Q:   Where is the IIT Madras campus situated?
A: 

IIT Madras campus is located in the city of Chennai, previously known as Madras. The campus of IIT Madras is 10 km away from the Chennai airport and 12 km from Chennai Central Railway station. The main GATE of IIT Madras is on Sardar Patel Road circumscribed by the residential districts of Adyar and Velachery.

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Answered 3 weeks ago

hi,

With an 82.121 percentile in JEE Main, getting admission into National Institute of Technology Tiruchirappalli is highly unlikely through general category quotas, as its cutoffs are usually much higher (often above 98–99 percentile). Even with home state or reserved categories, chances remain ver

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11480217
Vidushi Sharma

Contributor-Level 8

Answered 3 weeks ago

hi,

No—if you scored 44 when the cutoff is 45 in JEE Main, you would not qualify for JEE Advanced. Without qualifying JEE Advanced, admission to Indian Institute of Technology Madras is not possible, since IITs admit students only through that route.

However, you still have good alternatives. Lovely P

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9213723
Vidushi Sharma

Contributor-Level 8

Answered 3 weeks ago

hi,

With a 98.5 percentile in JEE Main, you have a strong chance of getting into good NITs, but admission to National Institute of Technology Tiruchirappalli depends on your category, home state quota, branch preference, and yearly cutoff trends. For highly competitive branches like CSE at NIT Trichy

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18302763
Vidushi Sharma

Contributor-Level 8

Answered 6 years ago

today cse is demanded in comparison to electrical engineerung . cse is rising in scope so pursue cse from iit madras.

13733219
Diwakar Goel

Scholar-Level 16

Answered 3 weeks ago

hi,

For National Institute of Technology Tiruchirappalli, the minimum JEE Main percentile usually depends on branch and category. For General category students, top branches like CSE often require around 99+ percentile, while lower-demand branches may close near 97–98 percentile.

With 82.121 percentil

...Read more

11898311
Vidushi Sharma

Contributor-Level 8

Answered a month ago

hi,

Yes, you can still get admission to aerospace engineering even if you didn’t score 75% in your polytechnic. Most colleges require around 50–60% minimum marks for lateral entry, not necessarily 75%. Eligibility depends on the specific university and entrance criteria. You may need to appear for a

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10791657
Vidushi Sharma

Contributor-Level 8

Answered 3 weeks ago

hi,

Among International Institute of Information Technology Hyderabad, Indian Institute of Technology Madras, and National Institute of Technology Warangal, IIT Madras is generally considered the best overall because of its global reputation, research opportunities, campus culture, and excellent plac

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18304447
Vidushi Sharma

Contributor-Level 8