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A Decade of Sustained Innovation
Since 2009, we collaborate with exceptional researchers, innovators, entrepreneurs, users, communities to co-create knowledge and solutions like Kollabia, Kanaja, KenApps, Push-D and VideoKen - using digital technologies, for a wide range of social needs at a scale & speed that was unimaginable before the widespread adoption of mobile / Internet. Such socially-relevant solutions help us, our communities and our governments.
In 2015, we launch the IMACX initiative and ran our first thematic accelerator for startups and have been running one every year since then. Such accelerator programs allow us to focus on startups that are building on frontier technologies like Mobile Apps, Bots, AI, Conversational Interfaces and Augmented Reality.
During the last ten years, we have also invested in early stage startups related to areas we are working on. Previous investments include: Chipmonk, EasyM2M, KickStart Cabs and NSmiles. We continue to do so through our newly launched TIRAC Fund.
Our Board: Directors & Advisors (2019-20)
- Prof. Sadagopan, Chairman & Founder - Director, IIITB Innovation Centre and Director, IIITB
- Prof. Kumar K, Dean, IIMB
- Prof. Murali, IISc
- Prof. Srinath Srinivasa, Dean, IIITB
- Prof. Ramesh Sundararaman, CEO - IIITB Innovation Centre
Innovation Space: Our Beginnings (1999 - 2008)
Prof. Sadagopan helped establish the International Institute of Information Technology, a Deemed University, popularly known as IIITB. The Institute is a registered not-for-profit society funded jointly by the Government of Karnataka and the IT industry. It was established in 1999 with a vision to contribute to the IT world by focusing on education and research, entrepreneurship and innovation.
During this time, startups setup their offices on campus in order to benefit from the wonderful & creative ambience.
Innovation Centre: Incubator (2008 - 2014)
Prof. Rajagopalan later joined Prof. Sadagopan in establishing the IIITB Innovation Centre. Hosted within IIITB University Campus in Bangalore's Electronics City, IIITB Innovation Centre is a hub for ICT4D research, innovation & entrepreneurship.
Incorporated in the year 2009 as a section-8 not-for-profit company, the major objectives of this company are:
- To support and incubate new ventures from those outside IIITB which can realize a synergetic partnership with the institute faculty and students
- To promote commercialization of IP generated by faculty and students of the Institute - by incubating their ventures
- To encourage Industry to set up RnD centres in which their staff can work closely with faculty and students of the institute on joint RnD projects
As one of the STARTUP INCUBATION centres approved by Governments of India and Karnataka, IIITB Innovation Centre received and invested (pre-seed / seed) Government of India's TIDE grants in innovative startups during this period. The startups that are chosen for investment offer solutions that are:
- Non-Trivial: Not easily replicable - with sufficient barriers to entry
- Novel: Not me too - Innovative in nature
- Nifty: Can start generating revenue within 2-3 year time frame
Mr. Jagadish became the first CEO of the Innovation Centre in 2012 and helped streamline the operations & seed-funding ativities of the Innovation Centre. By 2014, Innovation Centre had nurtured around 20+ startups and had invested in 7 startups (utilizing the grants received under the TIDE scheme of Government of India).
Details about IIITB Innovation Centre are available at the following government websites:
Innovation Centre: IMACX (Since 2014)
As Innovation Centre's activities gained momentum, Prof. Ramesh Sundararaman joined Mr. Jagadish's team in 2014 to launch a Civic-Tech focused intiative named IMACX (IOT to Mobility Apps for Community Excellence).
Born out of Government of Karnataka's Vision 2020 Initiative, IMACX was envisioned as an initiative that helps nurture startups that address the needs of our citizens, our communities and our governments through technology.
As part of this IMACX Initiative, early 2015, a Startup Accelerator IMACX Accelerator was launched to help civic-tech startups that focus on building socially-relevant solutions targeting healthcare, education, transportation, energy, governance and culture. Being a zero-fee, zero-equity, cohort-based, 100-day early-stage accelerator program, the IMACX Accelerator focused on startups that build solutions using cutting-edge technologies / business models. The accelerator helped accelerate more than 30+ startups till date.
Taking into account the strengths of IIITB Community, beginning 2017, IMACX also started facilitating Research-led Collaborative, Social Innovations. As part of this, technology solutions for the society are being built in collaboration with our like-minded partners (be it startups or otherwise). Such solutions also benefit from the ongoing research activities within IIITB (at its different centres including Centre for IT & Public Policy, eHealth Research Centre, Centre for Data Sciences, Centre for Machine Intelligence & Robotics).