IIT Alumni Centre Bengaluru
IIT Alumni Centre Bengaluru is a non-profit society operating a 93,000 sq ft Bommasandra facility housing all 23 IITs, serving 50,000+ Bengaluru-based IIT alumni through event rentals, a tech-startup incubator, mentor and investor networks, and the ACSEL responsible-AI forum.
- Company typePrivate
- Founded2010
- HeadquartersBangalore, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What IIT Alumni Centre Bengaluru does
IIT Alumni Centre Bengaluru (IITACB) is a non-profit society registered under the Karnataka Societies Registration Act (Regn No: SOR/BLU/DR/1028/2010-11) and endorsed by the Ministry of Education, Government of India through the IIT Council. It operates a 93,000 sq ft brick-and-mortar facility at KIADB Bommasandra Industrial Area in Bengaluru — described as the first institution in the world with offices of all 23 Indian Institutes of Technology under one roof. The center serves an estimated 50,000+ IIT alumni in Bengaluru, offering world-class event and meeting facilities (Tata Hall auditorium seating 310, multiple seminar halls, boardroom, rooftop dining, open-air theatre), a tech-startup incubator (Avinya), a mentor and investor network, and the ACSEL Technology Forum, a Government-of-Karnataka-supported hub for responsible AI innovation.
The organization monetizes primarily through pay-as-you-go facility rentals (Rs. 500–50,000 per session depending on venue), incubator seat subscriptions (Rs. 8,500/seat/month at rack rate), event registration fees (Rs. 200–499 per attendee for community events, Rs. 2,000–2,499 for technical workshops), and equity-based participation in incubated startups under the Avinya model. Distribution is largely direct (phone and email booking, online volunteer and startup application forms), with member and IIT discounts (10% and 20% respectively). Strategic partnerships span the Government of Karnataka (ACSEL), all 23 IITs (co-located offices), NASI, IISc Bangalore, and IIT alumni-led venture firms (VenturEast, Athera Venture Partners). GTM is community-led and event-driven, anchored by alumni networks and supported by social media (LinkedIn, YouTube, Instagram, Facebook), webinars, podcasts, and Demo Days. The current incubator cohort comprises 12 startups, 28 mentors, and 32 investors, with a Phase-1 pipeline of 41 startups (41% deep-tech) analyzed for Demo Day 2025.
IIT Alumni Centre Bengaluru firmographics
Firmographics- Name
- IIT Alumni Centre Bengaluru
- Legal name
- IIT Alumni Centre Bengaluru
- Website
- https://iitacb.org
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IIT Alumni Centre Bengaluru is a non-profit society operating a 93,000 sq ft Bommasandra facility housing all 23 IITs, serving 50,000+ Bengaluru-based IIT alumni through event rentals, a tech-startup incubator, mentor and investor networks, and the ACSEL responsible-AI forum.
- Ownership category
- akta.pro rank
IIT Alumni Centre Bengaluru industry classification
Industry- Product category
- Startup Incubator & Community Services
- NAICS
- Professional, Scientific, and Technical Services (54), Management, Scientific, and Technical Consulting Services (5416)
- SIC
- Services-Membership Organizations (8600), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Technical Enablement & Adoption Services (Change Management, Adoption, Champions) (BPAEANAC)
Keywords
Where IIT Alumni Centre Bengaluru is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
IIT Alumni Centre Bengaluru business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Facility Rentals: IITACB rents out its world-class facilities including auditorium (Tata Hall), seminar halls, boardroom, meeting rooms, rooftop dining, open air theatre, and incubator seats. Revenue is generated through per-session and hourly rental rates with tiered pricing based on facility type and duration.
- Incubator Services: The incubator provides space, mentorship, workshops, events, industry/academic tie-ups, and investor access to startups. The Avinya equity model is offered to startups, suggesting equity-based revenue sharing.
- Event Hosting and Workshops: The center organizes and hosts various events including workshops, talks, webinars, and conferences with registration fees. Events like 'Unleash Your Potential' charge Rs. 400/+ taxes per attendee.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Tata Hall (Auditorium) - 310-seater state-of-the-art auditorium |
| Unit Pricing | Pay-as-you-go | Seminar Hall 3 (2nd floor) - ~120 participants |
| Unit Pricing | Pay-as-you-go | Seminar Hall 1 - 24-40 participants |
| Unit Pricing | Pay-as-you-go | Seminar Hall 2 |
| Unit Pricing | Pay-as-you-go | Discussion Rooms (Arkavathi, Bhima, Netravati, Palar, Pennar, Sharavathi, Tungabhadra) - 5-7-seater meeting rooms |
| Unit Pricing | Pay-as-you-go | Rooftop Dining |
| Unit Pricing | Pay-as-you-go | Open Air Theatre (OAT) - up to 120 pax |
| Subscription | Monthly | Incubator Seats - collaborative workspace on 3rd Floor |
| Unit Pricing | Pay-as-you-go | Conference Room - 120-seat theatre-style |
| Unit Pricing | Pay-as-you-go | Board Room - 12-seat executive boardroom, up to 20 pax |
| Unit Pricing | Pay-as-you-go | Event Registration - 'Unleash Your Potential: From Idea to Impact' |
| Unit Pricing | Pay-as-you-go | Event Registration - National Science Day 2026 |
| Unit Pricing | Pay-as-you-go | Workshop - Mastering Data Quality and Annotation Excellence (Early Bird) |
| Unit Pricing | Pay-as-you-go | Event - Diwali Habba 2025 |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
IIT Alumni Centre Bengaluru product offering
Product offeringCore offering
IIT Alumni Centre Bengaluru (IITACB) operates a 93,000 square foot facility in Bommasandra housing offices of all 23 IITs and provides alumni networking, event hosting, and professional engagement services. The organization runs the Avinya tech-startup incubator offering workspace, mentorship, and investor access, and operates the ACSEL Technology Forum, a Karnataka Government-supported AI innovation hub with accelerator programmes. Revenue is generated through facility rentals (auditorium, seminar halls, meeting rooms), incubator seat subscriptions, event registrations, and corporate workshop hosting.
Product overview
IIT Alumni Centre Bengaluru (IITACB) operates as a unified platform combining a 93,000 sq ft physical facility with technology acceleration programs. The core offering centers on the Bommasandra facility housing offices of all 23 IITs, which serves as an alumni hub providing event venues, meeting spaces, and networking areas. The ACSEL Technology Forum (a separate initiative under IITACB) focuses on AI ecosystem development through accelerator programs. The Avinya Incubator provides workspace, mentorship, and investor access for tech startups. Additional offerings include event hosting services and a mentor/investor network connecting IIT alumni with emerging ventures. Together, these components create an end-to-end ecosystem for alumni engagement, startup incubation, and technology innovation.
Differentiator
Problem solved
Functional benefit
Brands
- ACSEL Technology Forum: A pioneering initiative of IITACB, supported by the Government of Karnataka, acting as a dynamic hub for responsible AI innovation in India. ACSEL empowers Karnataka's AI ecosystem by supporting startups, accelerating research, and fostering collaboration between industry, academia, and government.
Products and services
- IITACB Main Facility A 93,000 square foot brick-and-mortar facility in Bommasandra, Bengaluru housing offices of all 23 IITs, offering spaces for talks, events, cultural activities, networking, and professional engagements. Features include Tata Hall auditorium (310 seats), multiple seminar halls, boardrooms, meeting rooms, rooftop dining, and open air theatre.
- ACSEL Technology Forum A pioneering initiative of IITACB, supported by the Government of Karnataka, acting as a dynamic hub for responsible AI innovation. Empowers Karnataka's AI ecosystem by supporting startups, accelerating research, and fostering collaboration between industry, academia, and government through specialized accelerator programmes and talent development initiatives.
- IITACB Incubator (Avinya) A tech-driven startup incubator offering state-of-the-art workspace, conference rooms, and maker spaces. Provides mentorship from IIT faculty and alumni, specialized workshops on emerging technologies, IP, and fundraising, industry and academic partnerships, and access to alumni investor networks for fundraising support via the Avinya equity model.
- Event Venue Rental World-class facility rentals including Tata Hall (310-seater auditorium at Rs. 50,000 per session), seminar halls (seating 24-120 participants), boardroom (12-20 pax), discussion rooms, rooftop dining, and open air theatre (120 pax). Includes professional event support and AV systems; bookings made via phone and email.
- IITACB Events & Workshops Hosting interactive workshops, expert talks, networking sessions, and tailored programs including ACSEL Talks, healthcare webinars, AI seminars, Demo Days, and cultural events like Diwali Habba. Events leverage IIT alumni expertise across deep-tech, healthcare, agritech, and other innovation sectors with paid registration (e.g., Rs. 400 per attendee).
- Mentor & Investor Network Connects mentors and investors with startups through an exclusive network of IIT alumni, offering access to innovation pipeline, demo day exposure, breakthrough technologies, collaborative R&D opportunities, regular meet-ups, and knowledge-sharing sessions via an online volunteer registration form.
Quantifiable outcome
- 41 startups analyzed in Phase-1 with 17 deep-tech ventures (41%)
- +2 more outcomes
Companies that use IIT Alumni Centre Bengaluru
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles5 records
IIT Alumni Centre Bengaluru technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
IIT Alumni Centre Bengaluru partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Government of KarnatakacoreThe Government of Karnataka supports ACSEL (ACSEL Technology Forum), a pioneering initiative of IITACB for responsible AI innovation in India. This partnership positions Bengaluru as a hub for AI innovation and provides government backing for startup acceleration, research, and talent development initiatives.
- All 23 IITscoreAll 23 Indian Institutes of Technology have dedicated offices at the IITACB facility in Bommasandra, creating a unique ecosystem for alumni interaction, collaboration, and IIT system-wide initiatives.
- National Academy of Sciences India (NASI)coreNASI co-hosts events and programs with IITACB, including National Science Day 2026, Generative AI events, and the AI and Drones for Precision Agriculture seminar, promoting science and technology collaboration.
- Indian Institute of Science (IISc)coreIISc Bangalore co-hosts National Science Day 2026 with IITACB and NASI, featuring panel discussions, keynote addresses, and science demonstrations at J.N. Tata Auditorium.
- IKP EDENminorVikraman Venu, IITACB Committee Member, previously served as CEO of IKP EDEN, India's first hardware product accelerator, indicating historical and network connections to India's innovation ecosystem.
- ScripboxminorAtul Shinghal, CEO of Scripbox, serves as a speaker at IITACB events on entrepreneurship topics, sharing industry expertise with the startup community.
- Laurus Bio Pvt LtdminorSubramani Ramachandrappa, Founder & Board Member of Laurus Bio, participates as speaker at IITACB entrepreneurship events, contributing expertise and experience.
- TricogminorUjjwal Agrawal, Head of Finance at Tricog, serves as speaker at IITACB workshops covering financial planning and fiscal responsibility for startups.
- worxogominorAnant Sood, President & Cofounder of worxogo, participates as speaker at IITACB sales and marketing workshops, providing GTM strategy expertise.
- Rotary MidtownminorSeema Sibbal, IITACB Committee Member, leads brain-health and education initiatives through Rotary Midtown, including India's first community-based brain health program with NIMHANS.
- Gnani.aiminorGanesh Gopalan, CEO and co-founder of Gnani.ai, featured in Enterprise Voice Intelligence podcast episode, discussing AI voice technology and IndiaAI Mission work.
- University of Cambridge Centre for India and Global BusinessminorJaideep Prabhu, Professor at Cambridge Judge Business School and author, participates as featured speaker at IITACB events on frugal innovation and India's innovation ecosystem.
- Social AlphaminorManoj Kumar, Founder of Social Alpha (multi-stage innovation platform), participates as speaker at IITACB events on deep-tech entrepreneurship and innovation.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
IIT Alumni Centre Bengaluru competitors and assessment
Company assessmentDirect peers
- SINE (Society for Innovation and Entrepreneurship, IIT Bombay): IIT Bombay's technology business incubator. Directly comparable as an IIT-affiliated incubator providing seed funding, workspace, and mentorship to tech startups, and is one of the most established IIT-linked incubators in India.
- T-Hub: India's largest startup incubator based in Hyderabad. Comparable as a state-supported large-scale incubator offering accelerator programs, corporate innovation partnerships, and international founder engagement.
- CIIE.CO (IIM Ahmedabad): IIM Ahmedabad's technology business incubator and innovation ecosystem. Comparable as a premier academic-affiliated incubator/accelerator supporting early-stage and growth-stage startups with mentorship and investor access.
- IKP Knowledge Park: Hyderabad-based innovation and incubation park with deep-tech focus. Comparable as a large facility-based innovation campus supporting startups and R&D, with historical connections to IITACB's committee members.
- FITT (IIT Delhi): Foundation for Innovation and Technology Transfer at IIT Delhi. Comparable as an IIT-affiliated entity supporting technology transfer, incubation, and industry-academia partnerships, leveraging IIT Delhi's alumni and research base.
- IIT Madras Research Park: IIT Madras's dedicated research park housing startups, R&D centers, and corporate labs. Comparable as a large-scale, IIT-affiliated physical facility offering workspace, incubation, and industry-academia collaboration infrastructure.
- TiE Bangalore: Bangalore chapter of The Indus Entrepreneurs, a global not-for-profit fostering entrepreneurship through mentoring, networking, and education. Comparable as a non-profit, mentor-driven entrepreneurship organization operating in the same Bengaluru ecosystem.
- NSRCEL (IISc Bangalore): IISc Bangalore's startup incubator and entrepreneurship center located in the same city. Directly comparable as a Bengaluru-based academic-affiliated incubator offering accelerator programs, mentorship, and workspace to deep-tech and tech startups.
Broad incumbents
- NASSCOM 10,000 Startups: Industry-body-led startup program supporting tech founders across India with mentorship, investor access, and corporate connections. Comparable as a broader pan-India startup ecosystem enabler with wider scope than IITACB's alumni-centric approach.
Regional players
- Bangalore Bioinnovation Centre: Karnataka government-supported life sciences incubator in Bengaluru. Comparable as a state-backed Bengaluru incubator offering lab infrastructure and acceleration for science-based startups, overlapping with the deep-tech verticals in IITACB's cohorts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
IIT Alumni Centre Bengaluru social profiles
Digital presenceIIT Alumni Centre Bengaluru compliance and trust
Trust signalCompliance1 record
IIT Alumni Centre Bengaluru financial estimates
Financial estimateRevenue estimate
Valuation estimate
IIT Alumni Centre Bengaluru leadership team
Management profileNumber of profiles
Profiles22 records
IIT Alumni Centre Bengaluru funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IIT Alumni Centre Bengaluru M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IIT Alumni Centre Bengaluru
What does IIT Alumni Centre Bengaluru do?
IIT Alumni Centre Bengaluru (IITACB) operates a 93,000 square foot facility in Bommasandra housing offices of all 23 IITs and provides alumni networking, event hosting, and professional engagement services. The organization runs the Avinya tech-startup incubator offering workspace, mentorship, and investor access, and operates the ACSEL Technology Forum, a Karnataka Government-supported AI innovation hub with accelerator programmes. Revenue is generated through facility rentals (auditorium, seminar halls, meeting rooms), incubator seat subscriptions, event registrations, and corporate workshop hosting.
Is IIT Alumni Centre Bengaluru a public or private company?
IIT Alumni Centre Bengaluru is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was IIT Alumni Centre Bengaluru founded?
IIT Alumni Centre Bengaluru was founded in 2010. It employs 11 to 50 people.
Where is IIT Alumni Centre Bengaluru based?
IIT Alumni Centre Bengaluru is headquartered in Bangalore, India, in the Asia region.
How does IIT Alumni Centre Bengaluru make money?
Three revenue lines are on record. Facility Rentals are the primary driver. The others are incubator Services and event Hosting and Workshops.
Who are IIT Alumni Centre Bengaluru's main competitors?
Direct peers on record are SINE (Society for Innovation and Entrepreneurship, IIT Bombay), T-Hub, CIIE.CO (IIM Ahmedabad), IKP Knowledge Park, FITT (IIT Delhi), IIT Madras Research Park, TiE Bangalore and NSRCEL (IISc Bangalore). NASSCOM 10,000 Startups is listed as a broad incumbent. Bangalore Bioinnovation Centre is listed as a regional player.
Does IIT Alumni Centre Bengaluru have an API?
No public API is recorded for IIT Alumni Centre Bengaluru.
What industry is IIT Alumni Centre Bengaluru in?
IIT Alumni Centre Bengaluru's product category is Startup Incubator & Community Services. Its primary akta.pro industry code is BPAEANAC, Technical Enablement & Adoption Services (Change Management, Adoption, Champions). Its NAICS code is 54 and its SIC code is 8600.