# Society for Innovation & Entrepreneurship - SINE IIT Bombay

> SINE is IIT Bombay’s technology business incubator, supporting research-led startups with workspace, technical access, mentoring, commercial connections and funding programmes. Established in 2004 as a registered society, it supports technology entrepreneurship across sectors and anchors the Y-Point Venture Capital Fund.

- **Founded:** 2004
- **Headquarters:** Mumbai, India
- **Founders:** Indian Institute of Technology Bombay (Founding and host institution)
- **Products:** Physical and virtual incubation, Titanium: IP2IPO, BioNEST and BIG support, NIDHI-PRAYAS programme management, Y-Point Venture Capital Fund
- **Notable:** DST National Award for Technology Business Incubators, 2009., IESA Incubator of the Year, 2020, as recorded in BIRAC’s compendium., Over 500 startups supported across programmes, reported by IIT Bombay in July 2026.

## Products & services

- **Physical and virtual incubation** — Workspace or remote association, mentoring, professional support and access to the IIT Bombay ecosystem; published tenure is 36 months, with possible extensions.
- **Titanium: IP2IPO** — 18-month faculty entrepreneurship programme for IIT Bombay IP, with team formation and milestone-based grant support.
- **BioNEST and BIG support** — Biomedical incubation infrastructure and implementation support for BIRAC’s Biotechnology Ignition Grant.
- **NIDHI-PRAYAS programme management** — Supports implementation and monitoring of the national hardware prototyping-grant network.
- **Y-Point Venture Capital Fund** — Research-led pre-seed and seed investing, announced target ₹250 crore; first close announced July 2026.
- **SIMS** — Incubation management system for startup registration and detailed applications.

## Achievements

- DST National Award for Technology Business Incubators, 2009.
- IESA Incubator of the Year, 2020, as recorded in BIRAC’s compendium.
- Over 500 startups supported across programmes, reported by IIT Bombay in July 2026.
- Y-Point Venture Capital Fund first close announced 22 July 2026.

## Latest updates

- **2026-07** — IIT Bombay announced Y-Point’s first close and SINE’s refreshed brand identity on 22 July.
- **2025-12** — Y-Point launched with a ₹250 crore target, intending to back 25-30 startups with tickets up to ₹15 crore.
- **2025-08** — Monash and SINE announced a five-year entrepreneurship and innovation MoU.

## Links

- Website: https://www.sineiitb.org/
- LinkedIn: https://www.linkedin.com/company/society-for-innovation-and-entrepreneurship---iit-bombay
- Twitter/X: https://twitter.com/SINEIITB
- YouTube: https://youtube.com/c/sineiitbombayofficialchannel
- Instagram: https://www.instagram.com/sine_iitb/
- Facebook: https://www.facebook.com/sineiitb/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-08