MIT Square

Name

MIT Square

Legal name

MIT Square

Website

https://mitsquare.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Technology Consulting and Sustainable Innovation Services

NAICS

Computer Systems Design and Related Services (54151), Software Publishers (5132), Computer Systems Design and Related Services (5415)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ)

akta.pro secondary industries

Responsible AI, AI Governance & Compliance Services (BPAEAHAJ), Circular Economy & Resource Efficiency (BPADALAM), Education Access & EdTech for Equity (Low-cost Learning, Skills Platforms) (BPAGALAH), Regulatory Readiness & Audit Automation (e.g., EU AI Act, NIST AI RMF, ISO/IEC 42001) (HDAAAMAE)

Keywords

• AI consulting services
• IoT product development
• ESG compliance advisory
• Education technology platforms
• Sustainable innovation services

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services & Consulting: Business growth consulting, transformation services, and advisory engagements for enterprises, startups, and institutions.
2. Education & Training Services: Global studentships, scholarships, fellowships, traineeships, internships, mentorships, and certifications across academic and professional domains.
3. Franchise Operations: Revenue from franchise partners nationally and internationally operating EduTech businesses under the MIT Square brand.
4. Technology Product Development: End-to-end product development services including prototyping, commercialization, and IP development for clients.
5. Post Doctoral Research Fellowship Program: Global postdoctoral research fellowship programs in partnership with RAISE Global Institute of Frontiers, UK.
6. Green Consulting Services: Sustainability consulting including green certification, auditing, ESG compliance, and sustainability reporting.
7. Real Estate Services: La Mits Real Estate provides property sourcing, legal due diligence, site visits, investment advisory, and registration support with focus on eco-conscious properties.

Pricing tiers

Go-to-market motion4 records

Distribution channels6 records

Marketing channels9 records

Core offering

MIT Square is an ISO-certified product development and IT services company delivering AI-driven sustainable transformation under its "AI Techno-Innovation as a Service" (AI-TaaS) model across four service pillars: Green EduTech (AI-integrated education, certifications, fellowships), Green BizTech (ESG/SDG compliance and sustainability consulting), Green FutureTech (sustainable disruptive technologies including electric vehicles and smart city IoT), and Green HealthTech (AI-driven preventive healthcare and IoT medical devices). The company also operates a franchise model for its EduTech brand, a global postdoctoral fellowship program, and a sustainable real estate sub-brand (La Mits).

Product overview

MIT Square is an ISO-certified international organisation operating under an 'AI Techno-Innovation as a Service' (AI-TaaS) model and 'Green Channel' initiative, spanning multiple green technology verticals. Its portfolio is organized into four service pillars — Green EduTech, Green BizTech, Green FutureTech, and Green HealthTech — each delivering both products and services. The product suite is diverse and multi-sector, anchored by flagship offerings including Smart Edu Connect (AI-driven educational platform), Smart Compliance (ESG/SDG compliance management), Smart EV Bike (sustainable electric vehicle), and Smart Ventilator (IoT-based medical ventilator). Supporting these are numerous IoT and AI-powered products under Green Health (Smart Virus Test Kit, Automatic Sanitizer, Smart UVC Sanitizer, Smart Virus Detection Watch, AI COVID Prediction, Automatic Health Machine, Smart Epilepsy Detection, Smart Bed, Smart Solution for Parkinson, Help2Care App, Medicines Track App, COVID Tracking App) and Green Future (Smart Waste Management, Smart Water Purifier, Smart Gas Detection, Smart Food Quality Monitoring, Touch-free Restaurant, Help2Feed App). Green BizTech services include Green Consulting, Green Community, Green Construction, Green Energy, Green Foods, Green Products, Green Tourism, and the La Mits Real Estate sub-brand. EduTech offerings include INQB Zone App and Help2Educate. All products collectively align to MIT Square's mission of frugal innovation, digital-green transformation, and sustainability across academia, industry, government, and communities.

Differentiator

Problem solved

Functional benefit

Brands

• Smart Edu Connect: Green EduTech product for developing future leaders through AI and global sustainability-focused curricula
• Smart EV Bike
• Smart Compliance
• Smart Ventilator
• La Mits Real Estate
• Green Channel
• AI-TaaS

Products and services

• Smart Edu Connect AI-driven educational platform under Green EduTech focusing on developing future leaders through global sustainability-focused curricula, international immersion programs, and institution/industry-aligned certifications. Targets academic institutions and students.
• Smart EV Bike Electric vehicle product under Green FutureTech supporting research, innovation, development, commercialization, and adoption of sustainable disruptive technologies using Artificial Intelligence and Industry 5.0.
• Smart Compliance Compliance management solution under Green BizTech helping organizations achieve operational excellence, AI, SDG, and ESG goals, sustainability reporting, innovation management, talent development, and responsible growth.
• Smart Ventilator AI-driven multi-functional ventilator system developed in collaboration with NIT Trichy and Sri Sairam Engineering College, fully funded by the Ministry of Education, Government of India, as part of COVID-19 response technology development.
• INQB Zone App Mobile application for global broadcasting and educational engagement enabling students and institutions to connect across borders.
• Help2Educate Educational assistance platform under EduTech enabling global education access and student support.
• Help2Feed App Mobile application for food-related services supporting sustainable food quality monitoring and smart food management.
• Help2Care App Healthcare assistance mobile application for connecting users with health experts and wellness support under Green HealthTech.
• Medicines Track App Medication tracking mobile application for patient health management and medicine adherence.
• COVID Tracking App COVID-19 tracking mobile application for pandemic monitoring and public health management.
• Automatic Health Machine IoT-based automated health monitoring machine for COVID-19 and other medical emergencies, enabling telemedicine and telehealth services.
• Smart Virus Test Kit Smart virus testing kit for rapid detection of COVID-19 and other pathogens using IoT-enabled technology.
• Automatic Sanitizer Automatic touch-free hand sanitizer dispenser device developed for COVID-19 response and public health hygiene.
• Smart UVC Sanitizer UV-C disinfecting sanitizer device using ultraviolet light technology for sanitizing public places and IoT-based pest controlling.
• Smart Virus Detection Watch Wearable IoT watch device for smart virus detection and continuous health monitoring.
• AI COVID Prediction AI-powered COVID-19 prediction system using machine learning models for forecasting pandemic trends and impacts.
• Face Protective Gear AI-based face helmet and face mask products with impurity level detection capabilities, including intelligent reusable full face mask.
• Smart Epilepsy Detection AI-based epilepsy detection and monitoring system for patient health management.
• Smart Bed for Geriatrics & Pediatrics IoT-enabled smart bed system designed for elderly (geriatric) and child (pediatric) patient care and monitoring.
• Smart Solution for Parkinson AI-powered monitoring and management solution for Parkinson's disease patients.
• Smart Airbag Solution IoT-based airbag apparatus for personal safety and emergency protection.
• Smart Waste Management AI and IoT-based waste management system under GreenTech for smart city and environmental sustainability applications.
• Smart Water Purifier Smart water purification system with IoT monitoring for water quality management.
• Smart Gas Detection IoT-enabled gas detection system for safety monitoring in industrial and residential environments.
• Smart Food Quality Monitoring IoT and AI-based food quality monitoring system for ensuring food safety and quality standards.
• Green Consulting Sustainability consulting services under Green BizTech including green certification, green auditing, and sustainability solutions for organisational ESG and SDG compliance.
• Green Construction Sustainable real estate and construction services under Green Biz including plots, houses, villas, commercial buildings with sustainable buildings, reusable materials, and vertical gardening.
• Green Energy Renewable energy solutions including solar, wind, water, hydroelectric, and bioenergy, along with waste management, rainwater harvesting, and greywater recycling.
• La Mits Real Estate Sustainable real estate service offering curated property options across Bengaluru including apartments, villas, plots, and commercial spaces, with end-to-end support from site visits to registration. 2 BHK flats starting from 49 Lakhs, 3 BHK villas from 99 Lakhs, 30x20 plots from 29 Lakhs, commercial spaces from 99 Lakhs.
• Green Campus Healthcare Green healthcare services under Green Health covering campus health, institutional health, corporate health, occupational health, personalised health insurance, mentoring, psychology, counselling, coaching, yoga, exercises, meditation, and CSR activities.
• Post Doctoral Research Fellowship Program Global postdoctoral research fellowship programs in partnership with RAISE Global Institute of Frontiers, UK, targeting PhD graduates and researchers with partnerships across 100+ universities globally.

Quantifiable outcome

• 10,000+ students mentored during COVID-19 lockdown
• +4 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability16 records

Feature11 records

Partnerships

Six partnerships are on record, tiered core.

• Raj Square Charity FoundationcoreStrategic or Co-development PartnerCSR and social impact arm of MIT Square Group focused on women empowerment, youth enablement, and underprivileged support. Powers charitable activities and received CSR Times Awards 2020 and 2021.
• RAISE Global Institute of Frontiers, UKcoreStrategic or Co-development PartnerOfficially registered entity with Companies House in UK. Organizes global postdoctoral research fellowship programs connecting PhD graduates with research opportunities. Partners with 100+ universities globally. Validated by distinguished council from international universities.
• Sri Sairam Engineering CollegecoreStrategic or Co-development PartnerLong-standing academic partner for internships, research, conferences, and innovation programs. Host of IEEE conferences and InternsMela 2021. Joint initiatives in Smart India Hackathon and business plan contests.
• NIT TrichycoreStrategic or Co-development PartnerTechnology development partner for Smart Ventilator project. Project fully funded by Ministry of Education, Government of India. Dr Mithileysh served as lead Principal Investigator.
• Sri Sairam Techno Incubator FoundationcoreStrategic or Co-development PartnerIncubation partnership for startup support and acceleration. Located at Sai Leo Nagar, West Tambaram, Chennai.
• 700+ Universities WorldwidecoreChannel Partner/ Reseller/ DistributorAcademic network spanning India, UK, USA, Australia, Singapore, and other countries. Includes SRM Institute, HKBK College, Gojan School of Business and Technology, and Community Institute of Commerce and Management Studies among others.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Coursera: Global EdTech and online credentialing platform with university partnerships at scale; comparable in the AI/sustainability course catalog and certificate business MIT Square sells through Smart Edu Connect.
• Infosys: Global Indian IT services incumbent with established ESG consulting, AI platforms, and education/skills initiatives; competes for the same enterprise digital and sustainability transformation RFPs as Smart Compliance.
• Persistent Systems: Mid-large Indian IT and product engineering firm with AI, IoT, and digital transformation services, including healthcare and sustainability practices — comparable in mix of services and product engineering work.
• Wipro: Global Indian IT services major with dedicated AI, sustainability, and ESG advisory practices, comparable to MIT Square's AI-TaaS + Smart Compliance positioning.
• Tata Consultancy Services (TCS): India's largest IT services firm offering AI, sustainability, and digital transformation consulting at scale — overlapping on AI/sustainability advisory, ESG/SDG services, and large-enterprise transformation deals.

Direct peers

• Simplilearn: India-headquartered EdTech and professional certification company; competes in the same AI/tech upskilling, fellowship, and global certification market that MIT Square's Smart Edu Connect and Green EduTech target.
• Great Learning: India- and global-focused EdTech offering AI, data, and technology certification programs in partnership with universities — directly comparable to MIT Square's AI-integrated curricula and university partnerships.
• Tata Elxsi: Design-led technology services company with deep IoT, embedded systems, AI, and healthcare product engineering offerings — highly relevant to MIT Square's IoT/AI product development (Smart Ventilator, IoT sanitizers, BCI, smart city products).

Others

• EY (Ernst & Young) India: Big-4 consultancy with sustainability, ESG assurance, and technology transformation practices in India; competes for the same corporate sustainability, green certification, and ESG reporting work as MIT Square's Green Consulting line.
• CIIE - IIM Ahmedabad (now iCreate): Indian startup incubation and accelerator network partnered with IIM Ahmedabad; comparable as an institution-facing startup support, fellowship, and innovation ecosystem enabler operating in similar geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mit_square
• YouTubeyoutube.com/c/mitsquare
• Facebookfacebook.com/mitsquar
• LinkedInlinkedin.com/company/mit-square
• Instagraminstagram.com/mitsquare

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MIT Square