NATIONAL INITIATIVES - Indian Institute of Technology Bombay

SEDEMAC

IIT Bombay and SEDEMAC Mark a Milestone for India’s Deep-Tech Ecosystem

IIT Bombay achieved a landmark moment for India’s academic startup ecosystem with SEDEMAC Mechatronics Pvt. Ltd., the first-of-its-kind faculty-led deep-tech startup from the Institute, when it went public through an Initial Public Offering (IPO). A company incubated at the Society for Innovation and Entrepreneurship (SINE) in 2008, SEDEMAC’s public listing marks an important moment for India’s growing deep-tech innovation landscape and IIT Bombay’s entrepreneurship movement.

SEDEMAC emerged from research led by IIT Bombay’s Prof. Shashikanth Suryanarayanan and his students and is the second IPO from SINE’s ecosystem. The first was ideaForge Technology, which was founded by alumni of IIT Bombay. Companies that have emerged from SINE have collectively reached the Rs. 3.9 billion valuation mark.

Image source and for more on the story, click here: IITB LinkedIn Sedemac

India AI Impact Summit
IIT Bombay Shines in the India AI Impact Summit

IIT Bombay was proud to share the stage with several AI stalwarts during the inauguration of the India AI Impact Summit by the Honourable Prime Minister, Shri Narendra Modi. The event marked a milestone moment in India’s tech-driven transformation. It highlighted India’s rising role in the global AI ecosystem, reaffirming the country’s collective commitment to leveraging AI for innovation, inclusion, and international cooperation. The Summit brought together 20 Heads of State and Government, Heads of International Organisations, global business and tech leaders, innovators, and visionaries shaping the future of artificial intelligence.

The Institute was delighted to see Prof. Ganesh Ramakrishnan, an IIT Bombay alumnus (B.Tech. and PhD) and faculty member in the Department of Computer Science and Engineering, leading BharatGen, and IIT Bombay alumnus Mr. Pratyush Kumar (B.Tech), Co-founder, Sarvam.Ai, at the forefront of India’s AI initiatives.

Prof. Ramakrishnan had the privilege of interacting with PM Modi, representing the Institute alongside leaders from India’s AI ecosystem. During the interaction, Prof. Ramakrishnan presented BharatGen and joined discussions with Mr. Rishi Bal, CEO of BharatGen, on the future of artificial intelligence in India. IIT Bombay also signed an MoU with the IITB Heritage Foundation and BharatGen.

For more on the summit and other images, click here: IITB LinkedIn PM Modi / DACR LinkedIn AI Summit / IITB LinkedIn BI / DACR LinkedIn / IITB LD Ganesh