IIT Bombay has partnered with leading industry players to translate research into real-world solutions. From healthcare to clean energy, electric mobility to fintech, these collaborations are accelerating innovation and driving measurable impact. Here’s a snapshot of some of the Institute’s latest initiatives.

 

AI-Powered Underwriting with Poonawalla Fincorp

IIT Bombay has partnered with Poonawalla Fincorp to develop an advanced AI-powered underwriting platform that integrates artificial intelligence with human expertise, enhancing decision-making speed, accuracy, and risk management in retail lending.

Dean ACR May 2025 Issue / Original Source: The Bridge Chronicle

Green Hydrogen and Steel Decarbonisation with John Cockerill

Through a new MoU, IIT Bombay and John Cockerill are jointly developing solutions for steel decarbonisation, green hydrogen, and defence product innovation, combining academic excellence with engineering expertise to drive sustainable industrial transformation.

Dean ACR May 2025 Issue / Original Source: Energetica India

 

School Health Initiative with Tata Memorial Hospital and TISS

 

IIT Bombay, TMH, and TISS are launching a school health programme in Mumbai to instil healthy behaviours among students, reducing long-term risks of non-communicable diseases through education and awareness.

Dean ACR May 2025 Issue / Original Source: Healthworld.com (The Economic Times)

 

Sustainable Energy Research with Indus Towers

A partnership with Indus Towers focuses on Perovskite solar cell technology and energy storage using agricultural waste, advancing India’s clean energy ecosystem while addressing environmental challenges.

Dean ACR June 2025 Issue

Future EV Innovations with Hyundai and Kia

The Hyundai Future Mobility Innovation Centre, in collaboration with IIT Bombay, will advance research in battery management systems, EV components, and AI-based diagnostics to strengthen India’s electric mobility ecosystem.

Dean ACR June 2025 Issue: Original Source: Maeil Business Newspaper (Korea’s Number 1 Economic Media)

 

Solar Energy Innovation with Rayzon Solar

IIT Bombay and Rayzon Solar are collaborating to develop next-generation photovoltaic technologies and automated manufacturing processes, providing hands-on experience to M.Tech and Ph.D. students and advancing India’s green energy capabilities.

Dean ACR Newsletter July 2025 Issue

 

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