IdeaForge, Sedemac and more: With 2 more listings in pipeline, how IIT Bombay is churning out IPO multibaggers

March 7, 2026

IIT Bombay’s entrepreneurship arm, SINE, is witnessing significant wealth creation as its incubated startups, like ideaForge and Sedemac Mechatronics, head towards public markets. These companies’ successful IPOs and potential listings are translating into substantial financial returns for the institute, showcasing the growing impact of academic incubation on India’s startup economy.

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