TIH Foundation

What TIH Foundation does

TIH Foundation for IoT & IoE (operating as TIH at IIT Bombay) is a Section-8 not-for-profit Technology Innovation Hub established under India's National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS), implemented by the Department of Science and Technology. Headquartered at IIT Bombay's Powai campus in Mumbai, the organization is structured as an aggregator of IoT technology across five vertical application areas (agriculture, healthcare, industrial IoT, defence & security, smart education), augmented by a fintech AI portfolio (CREDIT AI, VIVEKA MIND AI, Smart Hiring) and the BharatGen generative AI initiative run as a multi-IIT consortium.

The technology portfolio consists of in-house developed agritech IoT products (iSARATHI mobile/web app for crop management, SAMADHAN field-monitoring system, SOHAM offline soil sensor, Eeshanya/Hexa field-mapping solutions, VECTOR autonomous skid-steer rover, SAMBHAV, GR2), AI/ML pipelines for computer-vision-based crop disease detection, and the BharatGen foundation-model program covering text, image, and multimodal modalities with India's linguistic and cultural data. Operationally, TIH runs a layered program stack: technology development (TDP grants up to Rs 50 lakh for 18 months), startup support (Aarohan up to Rs 1 crore equity, AYANSH up to Rs 10 lakh ignition/spin-off grants, PRAYAS pre-incubation, EIR fellowship at INR 30,000/month, ATMAN accelerators including ATMAN 3.0 healthtech), human resource development (CHANAKYA fellowships at UG/PG/PhD/Postdoctoral/Faculty levels), and skill delivery via Coursera and Edzor training centers.

Commercially, TIH is grant-funded rather than revenue-driven: DST/NM-ICPS mission allocation is the primary inflow, with secondary revenue from professional certification course fees, pass-through fellowship stipends, and equity stakes in portfolio startups. Customers/beneficiaries span IoT startups (15+ supported including Ayu Devices, Godaam, Neoperk, WeatherCast), academic researchers, students, and enterprise partners under collaboration MoUs (Bajaj Electricals, Poonawala Fincorp, Motilal Oswal), plus international partners including the US NSF. Leadership comprises CEO Kiran Shesh, COO Hardik Joshi, and CTO Dr. Prasad Ramanathan.

Name

TIH Foundation

Legal name

TIH Foundation for IoT & IoE

Website

https://tihiitb.org

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

TIH Foundation is a Section-8 not-for-profit Technology Innovation Hub at IIT Bombay, established under India's NM-ICPS mission, that develops IoT products and runs grant, fellowship, and accelerator programs for agritech, healthcare, industrial IoT, fintech, and generative AI (BharatGen) beneficiaries.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Government Grants and DST Funding: Primary funding from Department of Science and Technology (DST), Government of India under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS). As a Section-8 not-for-profit company, operational funding comes through government grants and mission allocations.
2. Training and Certification Program Fees: Revenue from professional certification programs including IoT courses (₹23,600 for professionals, ₹17,700 for students), and partnership programs with Edzor for technology skill development courses
3. Seed Investment Returns: Aarohan seed support program provides up to Rs 1 crore as seed support in the form of equity (CCPS), generating potential returns through startup equity appreciation
4. Technology Development Grants: Project grants up to ₹50 Lakhs for 18 months provided to academia for indigenous sensor development with IP jointly owned by TIH-IoT and grantee

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

No source content was provided describing what TIH Foundation fundamentally does or sells.

Product overview

TIH Foundation (Technology Innovation Hub at IIT Bombay) operates as a Section-8 not-for-profit company under India's National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS). The organization functions as an aggregator of IoT technology offering a portfolio of in-house developed products and programs. Core products include agricultural IoT solutions (iSARATHI, SAMADHAN, SOHAM, Eeshanya, VECTOR, Hexa, SAMBHAV, GR2) and fintech AI solutions (CREDIT AI, VIVEKA MIND AI, Smart Hiring), all connected through the overarching BharatGen generative AI initiative. The organization also supports the innovation ecosystem through programs including Technology & Product Development (TDP), ATMAN 3.0 accelerator, CHANAKYA Fellowship, Aarohan Seed Support, AYANSH, EIR Program, and PRAYAS pre-incubation initiatives, alongside professional certification partnerships with Edzor and IoT courses via Coursera.

Differentiator

Problem solved

Functional benefit

Brands

• BharatGen: An initiative by BharatGen Consortium to create pioneering Generative AI Technology with a soft digital AI infrastructure attuned to India's socio-cultural landscape. A project under TIH IIT Bombay under NMICPS.
• iSARATHI
• SAMADHAN
• SOHAM
• EESHANAYA
• VECTOR

Quantifiable outcome

• Agritech impact metrics: hectares covered, systems deployed, locations covered, pesticide usage reduction percentage
• +2 more outcomes

Named customers19 records

Segments8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature7 records

Partnerships

22 partnerships are on record, tiered core and minor.

• Bajaj ElectricalscoreStrategic or Co-development Partner · 16 October 2025MoU signed for technology collaboration and potential commercialization of IoT solutions.
• National Science Foundation (NSF)coreStrategic or Co-development PartnerUS-India Collaborative Research Program supporting joint research in AI, data science, edge computing, computer vision, IoT, and controls with applications in agriculture, health, climate, robotics, and manufacturing. NSF organized two-day workshop in March 2022 uniting 100 scientists from US and India.
• Directorate of Naval DesignminorStrategic or Co-development PartnerCollaboration with Submarine Design Group for defence-related IoT applications and technology development.
• VSI (Vishwaniketan Sustainability Innovation)minorOthersEcosystem partner for sustainability and innovation initiatives.
• Deshpande StartupsminorOthersEcosystem partner providing startup ecosystem support and collaboration.
• IITB Monash Research AcademycoreStrategic or Co-development PartnerJoint research academy between IIT Bombay and Monash University for collaborative research programs.
• VJTI TBIminorOthersTechnology Business Incubator partnership for startup support.
• Sine (Society for Innovation and Entrepreneurship)coreImplementation/ SI/ Consulting PartnerIncubation partner for ATMAN accelerator program. Provides startup incubation support and mentorship.
• IIT RoparminorStrategic or Co-development PartnerCollaboration with IIT Ropar for research and technology development initiatives.
• NRCG (National Research Centre for Grapes)minorStrategic or Co-development PartnerCollaboration for agricultural technology development, particularly grape cultivation monitoring.
• DOGR (Directorate of Onion and Garlic Research)minorStrategic or Co-development PartnerAgricultural research collaboration for IoT solutions in onion and garlic farming.
• ICAR (Indian Council of Agricultural Research)coreStrategic or Co-development PartnerGovernment agricultural research body partnership for Agri IoT solutions and technology validation.
• Poonawala FincorpcoreStrategic or Co-development PartnerMoU signed for fintech solutions collaboration including AI-powered financial services.
• EdzorcoreChannel Partner/ Reseller/ DistributorPartnership for delivering professional certification programs in Data Science, Cloud Computing, DevOps, Full Stack Development. Edzor operates training centers across India in Gurugram, Noida, Bengaluru, Bhopal, Pune, Hyderabad, Visakhapatnam.
• ISBAminorOthersEcosystem partner for ATMAN 3.0 providing startup ecosystem connections.
• Bhashini (Digital India Bhashini Division, MeiTY)coreStrategic or Co-development PartnerBharatGen Consortium partner for digital AI infrastructure with focus on India's linguistic diversity and Bhashini platform integration.
• IIT MadrascoreStrategic or Co-development PartnerBharatGen Consortium partner represented by Prof. V. Kamakoti for generative AI development.
• IIT HyderabadcoreStrategic or Co-development PartnerBharatGen Consortium partner for AI research with Prof. Mohan Raghavan and Prof. Maunendra Desarkar.
• IIT MandicoreStrategic or Co-development PartnerBharatGen Consortium partner represented by Prof. Rohit Saluja.
• IIT KanpurcoreStrategic or Co-development PartnerBharatGen Consortium partner represented by Prof. Arnab Bhattacharya.
• IIIT HyderabadcoreStrategic or Co-development PartnerBharatGen Consortium partner represented by Prof. Ravi Kiran.
• IIM IndorecoreStrategic or Co-development PartnerBharatGen Consortium partner represented by Prof. Aditya Maheshwari for management and strategy aspects.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat5 records

Customer concentration

• Xx.com/tih_iitb
• YouTubeyoutu.be/FGOMAhsEIBM?si=h8QuUFtpzm-QRyDr
• Facebookfacebook.com/TIH.Foundation
• LinkedInlinkedin.com/company/technology-innovation-hub
• Instagraminstagram.com/tih_iitb

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments1 record

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Frequently asked questions about TIH Foundation