Archive · 18 Dec 2025
UST and IITMIC Partner to Boost Deep Tech Startups in Healthcare
UST, a big tech company, and IIT Madras Incubation Cell (IITMIC), a startup hub, have teamed up to help new companies in healthcare and life sciences.
They signed an agreement to work together on programs, give advice, and provide funding to startups.
They recently held a competition called Pitch to Win: Pharma 4.0 Edition, where over 90 startups applied.
The top three winners received cash prizes and more funding from UST.
This partnership aims to bring new, innovative solutions to the market and help startups grow.
UST and IITMIC signed an MoU to foster innovation in healthcare and life sciences.
The partnership aims to provide mentorship, funding, and market opportunities to startups.
Pitch to Win: Pharma 4.0 Edition received over 90 applications from across India.
Top three winners received cash awards and additional funding from UST.
UST and IITMIC plan to collaborate on joint programs and industry partnerships.
- Who
- UST and IIT Madras Incubation Cell (IITMIC)
- What
- Signed an MoU to accelerate deep tech startups in healthcare and life sciences
- When
- December 17
- Where
- Chennai, Tamil Nadu, India
- Why
- To foster innovation, entrepreneurship, and research-driven solutions in healthcare and life sciences
- Organizations Involved
- UST, IIT Madras Incubation Cell (IITMIC), Pfizer, AWS
- Focus Areas
- Healthcare and Life Sciences
- Program Name
- Pitch to Win: Pharma 4.0 Edition
- Number of Applications
- Over 90
- Top Winners
- Nucleo-Vir Therapeutics, ChemBioSens, LN Infosphere Tech Transformers
- Cash Awards
- Rs. 1,25,000 (Winner), Rs. 75,000 (First Runner-Up), Rs. 50,000 (Second Runner-Up)
- Additional Funding
- Up to Rs. 45 lakh from UST
- Mentorship Duration
- One month
