Society for Innovation and Entrepreneurship (SINE) is a Technology Business Incubator (TBI) hosted by IIT Bombay. SINE is a broad spectrum technology incubator, incubating startups from varied technology and science areas. It was set as a society under Society Registration Act in 2004 with financial and infrastructure support from IIT Bombay and Department of Science and Technology (DST).
SINE provides a 3-year incubation support to technology startups with linkage to IITB, comprising of the following:
Infrastructure: Fully furnished offices, access to labs, shared facilities
Funding: We have our own Seed Fund, and facilitate connections with Angel Investors / VCs
Mentoring: Access to experts including IITB Alumni, SINE Alumni, Industry Experts, Fundraisers, VCs, etc. i.e. business and tech mentorship
Retainer Services: Lawyers, CAs, IP attorneys, web hosting services, design companies, manufacturing, finance management cos, etc.
Events and Visibility
SINE has, over the past 12 years, incubated 82 companies, of which 28 are in the system and 39 have graduated successfully. About 26 startups are spin-offs of technology developed in IITB, while 24 have an active faculty involvement at either a cofounding or mentoring level. SINE has been self-sustaining since its first year.