1 hr ago
Walmart Global Tech, IIM Kozhikode Launch DeepTech Incubator
IIM Kozhikode and Walmart Global Tech have started a new programme called Deep Leap.
It is designed to help technology startups grow.
The programme will focus on advanced fields such as artificial intelligence, robotics, quantum computing and space technology.
Startups must already have a prototype or a minimum working product.
About 1,500 startups will be considered.
Fifty of them will receive support for 12 months.
Founders will get mentoring, business advice, investor guidance and industry connections.
The programme may spend ₹2.89 crore, including ₹1.5 crore for seed funding.
IIMK LIVE and Walmart Global Tech launched Deep Leap, a DeepTech incubation programme.
The initiative is Walmart Global Tech’s first institutional partnership focused on DeepTech startups in India.
Deep Leap will engage 1,500 startups and select 50 for a 12-month incubation and acceleration cohort.
Eligible startups must have reached the Prototype or Minimum Viable Product stage.
The programme has a proposed ₹2.89 crore outlay, including ₹1.5 crore for seed funding support.
- Who
- IIMK LIVE, the business incubator of the Indian Institute of Management Kozhikode, and Walmart Global Tech.
- What
- They launched Deep Leap, a DeepTech incubation and acceleration programme for technology startups.
- Where
- India, with startups invited from across the country.
- When
- The programme was announced on October 1, 2026.
- Why
- To strengthen India’s DeepTech innovation ecosystem and help promising ventures move toward scalable business growth.
Key facts
- Programme
- Deep Leap
- Partners
- IIMK LIVE and Walmart Global Tech
- Startups engaged
- 1,500 startups
- Selected cohort
- 50 startups
- Programme duration
- 12 months
- Target stage
- Prototype or Minimum Viable Product stage
- Proposed outlay
- ₹2.89 crore
- Seed funding allocation
- ₹1.5 crore
Quotes
Debashis Chatterjee
Director of IIM Kozhikode and Chairman of IIMK LIVE
“Deep Leap brings together the strengths of academia, industry and entrepreneurship to give promising technology ventures the ecosystem they need to move from ideas and prototypes to scalable impact. Our partnership with Walmart Global Tech marks an important step in building a stronger bridge between India’s DeepTech innovators and the global opportunities ahead.”
thehindubusinessline.com
“this unique collaboration at the intersection of academia and entrepreneurship is well-positioned to advance cutting-edge technology and make a meaningful, positive difference in the communities we serve”
thehindubusinessline.com
Sources
Related news
LTTS Helps Deeptech Startups Move Prototypes Toward Global Markets
L&T Technology Services Launches FARM for Deep-Tech Commercialization
IIT Madras to Launch AI Venture Studio for Research Startups
Pan-IIT Summit Seeks DeepTech Hub Status for Andhra Pradesh
Luxembourg Delegation Explores IIT-M Research Park Technology Partnerships
IIT Delhi Launches Second Executive Programme in Semiconductors, AI
Family of Deceased Engineer Calls for Tech Work Culture Change
Engineer's Experience with Tech Layoffs Spanning 18 Years
Lloyds Technology Centre Appoints Shirish Tatikonda as AI Lead
