Private Equity

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Society for Innovation and Entrepreneurship

Society for Innovation and Entrepreneurship is a private equity based in Mumbai, founded 2004; the Altss profile covers its classification, headquarters,...

Society for Innovation and Entrepreneurship logo

Society for Innovation and Entrepreneurship

SINE at IIT Bombay supports tech startups with incubation, mentorship, funding, and resources to turn innovative ideas into successful ventures.

General information

Firm type

Private Equity

Year founded

2004

Location

Region

Asia

Country

India

City

Mumbai

Corporate office

Mumbai, India

Frequently asked questions

Who runs investment decisions at SINE?

SINE does not structure itself as a traditional fund with a CIO. Decisions around seed support and incubation admission are made by an internal committee drawn from IIT Bombay faculty and the incubator's management, whose names are not publicly disclosed on the website.

Does SINE participate in fund commitments or only direct deals?

SINE does not make fund commitments. Its activity is limited to direct seed support — grants, mentorship, and infrastructure — for startups founded within the IIT Bombay ecosystem. It does not participate as an LP in external venture funds.

Where does the underlying capital come from?

SINE's operational funding is drawn from government grants, institutional support through IIT Bombay, and corporate partnerships. The exact sources and amounts are not publicly itemized, but SINE does not manage private investor capital as a pooled vehicle.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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