From IIT to startup success: How IITians are shaping the entrepreneurial landscape
From the prestigious classrooms of the Indian Institutes of Technology (IIT) to the dynamic world of startups, IITians are redefining the entrepreneurial landscape. Renowned for their technical prowess and innovative thinking, IIT graduates are spearheading ventures that span diverse sectors such as technology, healthcare, education, and finance. Their startups are not just disrupting traditional markets but are also providing solutions to global challenges, including sustainable energy and advanced AI applications.
Anshuman Das, CEO and Founder, LONGHOUSE Consulting
“Career preferences of IIT graduates have evolved significantly, driven by economic changes, success stories, institutional support, and technological advancements. In the late 90s and early 2000s, IIT graduates primarily sought high-paying jobs in multinational corporations, particularly in sectors like technology, finance, and consulting. Many also pursued further studies at leading global universities to enhance their international career prospects.
Subsequent years saw a technology sector boom that created numerous opportunities for startups. Success stories of IIT alumni, such as the founders of Flipkart, Ola, and Zomato, inspired many students. The rise of venture capital and angel investing in India provided the necessary financial support for startups. IITs also began attracting more startups for campus placements.
Increased institutional support, such as accelerators and incubators, along with a cultural shift towards high risk-taking attitudes and peer inspiration, encouraged students to pursue entrepreneurial opportunities. Entrepreneurship is no longer limited to tech startups. IIT graduates are venturing into diverse fields such as healthcare, education, renewable energy, and social enterprises.”
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