About Us
We support and nurture innovation and entrepreneurship!
MIT-WPU Technology Business Incubator (TBI) serves as the official innovation and entrepreneurship ecosystem of MIT World Peace University. Established in 2016, MIT TBI is endorsed by the Department of Science and Technology (DST), Government of India, with the mission to nurture technology business incubation initiatives across the nation.
Our focus extends to supporting early-stage entrepreneurs, including students, as well as experienced startups. We provide vital assistance in the form of funding, mentoring, and networking opportunities. Recognised as a Technology Business Incubator by the Government of India, MIT TBI operates with the support of the Department of Science and Technology.
Located within the MIT World Peace University campus in Pune’s Kothrud area, MIT TBI boasts 11,000 square feet of dedicated space, specifically designed to empower entrepreneurs and innovators. This facility encompasses co-working office spaces and a rapid prototyping lab, tailored to incubate startups companies founded by students. Notably, MIT-WPU students and alumni enjoy a one-year waiver on office rent.
MIT TBI is committed to exploring various funding and prototyping grant programmes. Currently, we are actively providing grants and seed funding to select startups under the Startups India Seed Fund Scheme (SISFS). For additional details, please visit our Funding page.
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.”
Our Directors
Prof. Prakash Joshi
Joint Managing Trustee, Maeer’s Group
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.
Our Team
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.
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Advisory Committee
Shri. Ajit Gokhale
Sr. Vice President, Invasystems Inc
Shri. Ashok Jamenis
Corporate Finance Advisor
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
Dr. Piyush Lathi
Director & CEO of Magnum Primus Solutions Pvt. Ltd MD Yogi Foods Pvt Ltd.
Shri. Milind Talathi
Ex President Centuri Enka
Shri. Ram Bhome
Engineering Professional & Consultant
Shri. Mahipal Patwardhan
Director - Aditya Engineering Pvt Ltd, Pune
Mr. Abhay Dixit
Director, Tarang Engineering Pvt. Ltd.
Shri. Sanjay Nibandhe
Expert in Automotive Safety and Testing, Homologation, NPD
Shri. Prashant Pimpalekar
Founder Director & CEO of Magnum Primus Solutions Pvt. Ltd.