Indian Colleges as Successful Startup Incubators

IIT Delhi

Many unicorn startup founders in India attended IIT Delhi. The college also has an entrepreneurship growth cell and offers a variety of entrepreneurship short courses.

IIT Delhi alumni-founded startups raised $480 million in funding in the first half of 2020.From the first half of 2017 to the beginning of 2019, IIT Delhi alumni-founded startupsraised a total of $7483 million in funding.

Popular startup alumni include :

Deepinder Goyal (Zomato)

Total Funding : $2.15B

Sachin Bansal and Binny Bansal (Flipkart)

Total Funding: $9B

IIM Ahmedabad

This year, several top-funded startups have been founded by graduates of thisinstitution. With 462 million dollars collected in funding from alumni, the college is notfar behind IIT Delhi. From 2017 to 2019, startups led by IIM Ahmedabad graduates wereable to raise a total of $207 million.

Popular startup alumni include :

Deep Kalra (MakeMyTrip)

Total Funding : $748M

Sanjeev Bikchandani (Naukri.com)

Annual Revenue : $196M as on Dec 31, 2019

IIT Kharagpur

In the first half of 2020, IIT Kharagpur alumni-founded startups raised $329million. There are 637 companies created by alumni of the college as of July2020, including three unicorns. Sundar Pichai, the CEO of Google was also astudent of IIT Kharagpur.

Popular startup alumni include :

Rahul Jaimini (Swiggy)

Total Funding : $2.42B

Ramakrishna Adukuri (Stellapps)

Total Funding : $19M

IIM Calcutta

More than 380 Indian companies have been founded by IIM Calcutta alumni. Six ofthese are unicorn startups. The college is well-known for producing the founders ofmany of the country’s most well-funded startups. The alumni raised 328 million dollarsin investments between January 2020 and June 2020.

Popular startup alumni include :

Pranay Chulet (Quikr)

Total Funding : $370M

Sumant Sinha (ReNew Energy)

Total Funding : $125M

IIT Bombay

For several years, IIT Bombay has produced entrepreneurs who havelaunched some of the country’s most well-funded startups. IIT Bombayalumni own a total of 759 businesses. These companies were able to raisea total of $9.87 billion in funding.

Bhavish Aggarwal (Ola)

Total Funding : $3.28B