Indian Institutes of Technology (IIT) graduates are known for their entrepreneurial spirit, technical expertise, and innovative mindset. These alumni have been venturing into various sectors, shaking up traditional markets, and addressing global issues such as sustainable energy and advanced AI applications. The rigorous training and resilient mindset instilled in them at IITs prepare them to navigate the challenges of the startup ecosystem, from securing funding to scaling operations.
One such success story is that of Siddhant Jain, an IITian who started working on his startup VdoCipher while still in college. By securing paying customers even before graduation, Jain’s company now serves over 3,000 businesses across 120 countries. He credits much of his success to the network of intelligent friends and colleagues he found at IIT, emphasizing the value of the product or service he provides.
Anshuman Das, another IITian, notes that the career preferences of IIT graduates have evolved significantly, influenced by economic changes, success stories, institutional support, and technological advancements in the country. The boom in the tech sector and the rise of venture capital have opened up new opportunities for startups, with institutional backing further supporting this shift.
Shalu Mitruka, drawing from her experiences at MindTickle and Deloitte, co-founded the investment platform Growthpal. Her startup disrupted traditional investment banking with its data-driven platform, closing several deals and experiencing a 3x revenue growth in the past year. Mitruka stresses the importance of seizing unique opportunities and fostering organic relationships as key factors in her success.
The stories of these IIT alumni exemplify the impact of their education and experiences on their entrepreneurial journeys. Their successes not only inspire others but also highlight the significant roles that IITians are playing in India and beyond. With their technical prowess, innovative thinking, and resilience, IIT graduates are at the forefront of the startup revolution, driving change and making a mark in the entrepreneurial landscape.