Back in 2012, Tarun Mehta and Swapnil Jain were classmates at the Indian Institute of Technology, Madras (IIT-M), one of the oldest IITs in India. After a brief corporate stint, when both decided to take a plunge into entrepreneurship, they turned to their alma mater.

Thanks to the initial support by the seniors, faculty members and professors, Mehta and Jain today run Ather Energy, a successful smart electric scooter company in India. Stellapps is another example of a successful IIT-M-incubated start-up. It has developed solutions that optimise the agricultural supply chain across …


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