IIT Madras incubation cell gets INR 14 crore from Medibuddy founders
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.
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.
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.
Read more:
- JEE Main 2022: Know changes introduced by NTA to curb cheating
- NIT Trichy student declared winner of IET India Scholarship Awards 2021
- JEE Main 2022 to be held twice; students worried as dates clash with board exams
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.
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
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.
News & Updates
Photos & Videos
+18
- B Tech (Bachelor of Technology)
- BSc
- Social Responsibility
- M.E./M.Tech
- M.A. (Master of Arts)
- MSc (Master of Science)
- MBA (Masters of Business Administration)
- Executive MBA
- Ph.D.
- B.A (Bachelor of Arts)
- Engineering
- IT Software Courses
- Science Subject
- Medical Courses
- Humanities & Social Sciences
- Business & Management Study
- Architecture & Planning
- Banking, Finance & Insurance
- B.Tech colleges in Chennai
- M.Tech colleges in Chennai
- B.Sc. colleges in Chennai
- Certificate colleges in Chennai
- M.Sc. colleges in Chennai
- M.A. colleges in Chennai
- Ph.D. colleges in Chennai
- MBA colleges in Chennai
- Executive MBA colleges in Chennai
- UG Diploma colleges in Chennai
- B.A. colleges in Chennai
- PG Diploma colleges in Chennai
- Engineering colleges in Chennai
- Business & Management Studies colleges in Chennai
- IT & Software colleges in Chennai
Contact Details
Address
Indian Institute of Technology, Madras
Adyar, Chennai ( Tamil Nadu)
Other Popular IITs
Get details of Similar Colleges
Student Forum
Anything you would want to ask experts?Answered a month ago
IIT Madras MBA admission process 2024 is closed. The admission process for 2026 will start in the month of January 2026.
N
Contributor-Level 9
Answered 3 weeks ago
Yes, IIT Madras MBA admissions are open now. The institute is accepting online applications for its MBA course through the DoMS admission portal. Students must apply before the last date of application.
A
Contributor-Level 10
Answered 3 weeks ago
IIT Madras course fee vary depending on the programme. The institute charges components including tuition fees, lab fees, caution desposit, and more. The fees for some of the popular IIT Madras programmes is as below:
| Course Name | Total Tuition Fee |
|---|---|
| BTech | INR 8 lakh |
| BSc | INR 8 lakh |
| MTech | INR 1 lakh |
| MS | INR 20,000 |
| MBA | INR 10 Lacs - INR 17 lakh |
Note: This amount is taken from official sources and can change.
V
Contributor-Level 10
Answered 3 weeks ago
Students have to present some documents during IIT Madras admissions for verification purposes. A list of important documents is as below:
- the latest passport-size photograph
- First and last pages of Aadhaar Card/ Voter ID Card/ Passport
- PAN Card
- Admission offer letter
- Entrance exam scorecard
- Qualifying de
S
Contributor-Level 10
Answered 3 weeks ago
Yes, COAP registration is mandatory for IIT Madras admissions done on the basis of GATE exam. The institute accepts GATE + COAP for both M.Tech and MA admissions. Any student choosing to register via GATE score at the institute must register on COAP portal as well.
P
Contributor-Level 10
Answered 3 weeks ago
At IIT Madras, students are offered several scholarships. These are offered only to eligible students. Some of the schemes include:
- Institute Merit-cum-Means Scholarship
- Institute free studentship
- Institute Notional Prize
- Institute SC/ ST Scholarship
- Girish Ready Scholarship
- Indian Women Association at Bo
A
Contributor-Level 10
Answered 3 weeks ago
At IIT Madras, students are mainly selected on an entrance basis only. For courses, such as BTech and MTech, students also need to participate in the counselling process. Check below the IIT Madras selection criteria for popular courses:
- BTech = JEE Mains + JEE Advanced + JoSAA Counselling
- MTech = GAT
A
Contributor-Level 10
Answered 3 weeks ago
IIT Madras eligibility for each course-level is different. Students need to meet the basic admission requirements to get a seat at IIT Madras. The basic eligibility requirements for IIT Madras programmes are as below:
- For IIT Madras UG Engineering courses - Class 12 with a minimum aggregate of 75% an
U
Contributor-Level 10
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.