The Indian Institute of Technology Madras has established a research foundation that will be a catalyst for its startups, patents and technologies originating from the institute’s ecosystem.
The foundation will create access to global markets, capital and funding for the institute’s research and innovation and help scale the institute’s academic programmes through university collaborations and industry partnerships.
The IITM Research Foundation will be headed by Thirumalai Madhav Narayan as its chief executive officer. Mr. Narayan was one of the founding members of the Redington group and has over 37 years of experience in strategising, building, transforming and scaling business for technology multinationals such as Intel, HP, Dell, Samsung and Epson.