We support and nurture innovation and entrepreneurship!

MIT WPU Technology Business Incubator (TBI) is an official innovation and entrepreneurship ecosystem of MIT World Peace University (MIT WPU). MIT TBI was founded in 2016 and is supported by the Department of Science and Technology (DST), Government of India to nurture technology business incubation ecosystem across India. We support early-stage entrepreneurs (including students) as well as experienced startups through funding, mentoring and network connect.

Our Vision

“To empower young generations by creating future entrepreneurs and innovative products for substantial contribution to economical, technological and social development of the society.”


Frequently Asked Questions

MIT WPU Technology Business Incubator is a Section-8 Not-for-Profit company registered under the Companies Act, 2013 with an objective of promoting innovation and entrepreneuship.

Yes, MIT TBI is approved as a Technology Business Incubator by the Govt. of India and supported by the Department of Science and Technology. (List of approved incubation centres)

MIT TBI is located inside the campus of MIT World Peace University in Pune's Kothrud area. We have 11,000 sq. ft of dedicated space reserved for supporting entrepreneurs and innovators. This facility comprises of co-working office spaces, rapid prototyping lab, etc.

Yes, we incubate student-founded startup companies and provide them the necessary handholding and mentoring support. MIT WPU stuents and alumni get 1-year waiver on office rent.

We have set up hi-end CAD workstations and composite 3D printing facility for manufacturing high-strength components using material such as carbon fibre, onyx, nylon, etc. Our 3D printing facility is available for use of MSMEs at an affordable rate. (3D printing brochure)

Subject to funds availability under different funding/prototyping grant programs, we may provide funding to eligible startup companies. Presently, we are providing grant and seed funding to selected startups under Startup India Seed Fund Scheme (SISFS). Visit our Funding page for additional information.


Our Directors

Prof. Prakash Joshi

Joint Managing Trustee, Maeer’s Group of Institutions

Founding member of MIT College of Engineering. Prof. Joshi has 50+ years of experience in the areas of technology, administration, etc. He was elected as the Vice President of the Society of Automotive Engineers India for 2021-2022

Rahul V. Karad

Executive President, MIT World Peace University

An educationist at the forefront of the 70+ institutes strong MAEER's MIT Group of Institutions known for imparting Universal Value Based Education in the sphere of Higher Education & Learning.

Dr. Mangesh Karad

Executive President, MIT ADT University

Dr. Mangesh Karad is a dynamic and eminent educationist who is a passionate, progressive, strongly philosophical and hard working person.

Our Staff

Dr. Abhijit Sathe

Chief Executive Officer

Dr. Sathe has several years of industry experience including nearly 5 years within incubation and entrepreneurship ecosystem. An engineer by profession, he brings in technical expertise required for technology innovations.

Ms. Snehal Dixit

Incubator Manager

Snehal who is a computer science engineering graduate, comes with 3+ years of experience in Startup and Incubation ecosystem. She currently handles different strategical and executional aspects of MIT TBI.

Mr. Omkar Kudav

Assistant Manager

Omkar currently handles responsibility of incubation and program management at MIT TBI. He is also responsible for outreach activities at the incubator.

Advisory Committee

Dr. Yogesh Bendale 

Chairman and Managing Director, Rasayu Cancer Clinic

Shri Pradeep Bhalwankar 

Managing Director, Twin Engineers Pvt Ltd

Shri Girish Chitale 

Partner, Chitale Industries

Shri Ravindra Deodhar

Chairman & Managing Director, Pravi Auto Swing Pvt Ltd

Shri Ajit Gokhale 

Sr. Vice President, Invasystems Inc

Shri Narayan Jadhav 

Head - Vehicle Engineering, Tata Motors

Shri Ashok Jamenis

Director, Kirloskar Ferrous Industries

Shri Chaitanya Jaole 

Corporate Finance Advisor

Shri Vishwas Kale

Managing Director, Vijayesh Instruments

CA Ashwin Mahajan

Partner, Mahajan and Bhapkar Chartered Accountants

Shri Girish Mehendale

Managing Director, Microverse Automation

Shri Pradeep Navale

Sr. Vice President, John Deere

Dr Manisha Nene

Asst Professor and HoD, Defence Institute of Advanced Technology

Shri Sunil Patel

Managing Director, Swastid Auto

Dr Vishwas Phadnis

Associate Professor, Sri Balaji University

Shri T P Vartak

Director, T P Vartak Holdings and Investments