If you’ve heard of Webaroo, Bhugol GIS and SMSGupshup.com, then you must know that these ventures came into existence because they were nurtured and incubated by SINE, the tech incubator housed at IIT-Bombay.
SINE or Society for Innovation and Entrepreneurship, is an umbrella for promotion of entrepreneurship at IIT Bombay.
It provides infrastructure, business advisory services and financial assistance to incubate companies.
“The infrastructure provided includes office space, furniture, computers as well as shared resources such as meeting rooms, canteen among others. These are provided at subsidised rates. In lieu of the subsidy, SINE takes a small equity and revenue share from the start-ups,” explains Sushanto Mitra, CEO, SINE-Bombay.
Some of the other graduated companies that have already established a footprint in their respective field are eInfinitus, Mobiance Technologies, Herald Logic, Voyager2Infotech, Geosyndicate Power, Myzus Technologies, Powai Labs, SecLore Technologies, Feast, Girish Kumar Telecom and Zeus Numeric.
SMS Gupshup is a mobile group SMS service that allows users to create mobile communities and broadcast messages to them. It was formed by a team of IIT-Bombay alumnus-Beerud Sheth and Rakesh Mathur.
Co-founded by Amit Patel and Kruti Patel in 2005, mySetu, an EHS and TPM software development company, is incubated in SINE.
“We introduced our idea of developing software product for EHSS, to be hosted on cloud environment. To support this idea,
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