Become a Startup Scout
Indian Institute of Technology

Be a part of the future of innovation! Become a VC Scout at the Indian Institute of Technology and help the local ecosystem, connect with other startup enthusiasts, and spot the next great idea.


The Indian Institute of Technology (IIT) has become a major hub for startups and venture capital (VC) investments in India. Since its inception in 1951, the institution has nurtured several leading startups and attracted investors from around the globe.

IIT's successful startups are a testament to the quality of talent and innovation that comes out of the university. For instance, Flipkart, the online retail giant, was founded by IIT alumni Sachin Bansal and Binny Bansal in 2007. The company has since become a major player in India's e-commerce sector, valued at over $20 billion.

IIT also has strong ties to the VC community, with venture capitalists investing heavily in its startups. One of the most notable investors is Tiger Global, which has invested in some of IIT's most successful startups, such as Flipkart, Ola, and Oyo. Other notable investors include Accel India, Sequoia Capital India, and Kalaari Capital. IIT startups have attracted investments from VCs worth over $2 billion.

The university has also created a network of incubators, accelerators, and venture capital funds to help its startups succeed. IIT is home to a number of incubators, such as the Entrepreneurship Cell (E-Cell) and the Centre for Innovation and Entrepreneurship (CIE). These provide startups with mentorship, investment, and other resources to help them grow.

IIT also has a number of VC funds that invest in its startups. These include the IIT Bombay Alumni Venture Fund, IIT Delhi Alumni Venture Fund, and IIT Madras Alumni Venture Fund. These funds provide capital to early-stage startups and help them scale up.

IIT's success in developing startups and attracting venture capital investments has made it one of the leading hubs for entrepreneurship and innovation in India. The university has created an ecosystem that encourages entrepreneurs to take risks and pursue their ideas.

As a Scout, You Can...

Kickstart Your Venture Capital Career

Showing your skills in picking successful startups and advising founders is the surest way to build your reputation and secure a venture capital role.

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Help Your Ecosystem Thrive

Your community, region, or group thrives when its founders are given the chance to succeed before going back and reinvesting in their comunities.

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Earn a Share in Startups Without Investing in Them

Earn a share in startups you scout without the funds to invest directly just like a VC partner.

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Monetise Your Content & Community

As a podcaster, community manager, or event organiser you have a front-row seat to interesting startups which you can monetise by helping them fundraise.

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Create a Fairer Society

By identifying under-represented founders you're level the playing field for anyone to success based on merit independent from their social or ethnic background.

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Help Friends Get Funded

Help your friends who are neck-deep in their startups get the funding they need to succeed.

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Grow Your Personal Brand

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Join as a Scout at Your University

Available Programs

Startup Investor?

If you're an investor looking to get dealflow opportunities from the Indian Institute of Technology, join us and access our network of individuals, startups, and innovations today.

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Scout Programs in Other Global Startup Hubs


Do you interview founders & startups? Take your conversation insights to the next level by scouting your favourite podcast guests.

Scout founders you interview →

Co-Working Space Organiser

Do you help run a co-working space as an organiser or a greeter? Do you come across interesting entrepreneurs and startups?

Scout startups you sit next to→

Event Organiser

Do you organise an event, conference, or trade show? Help your founder attendees get discovered.

Scout startups at your event →


Are you active in the entrepreneurship club at your college? Doing an MBA? Or are you a PHD student at a technical university? Help your fellow students get funded.

Scout startups at your university →

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