Indian Institute of Technology (IIT) Delhi has emerged as one of India’s most influential academic institutions, playing a significant role not only in education but also in shaping global leadership and entrepreneurship.
According to IIT Delhi’s first-ever Alumni Impact Report, the institute today boasts a powerful global alumni network of over 65,000+ alumni, spread across industries, geographies, and leadership roles. Notably, nearly 15% alumni are actively serving as corporate leaders in C-level roles across large, medium and small enterprises, underscoring IIT Delhi’s deep impact on innovation and enterprise.
The report further highlights the institute’s strong international footprint, with IIT Delhi alumni present in 35+ countries outside India. While India continues to host the largest share with over 40,000 alumni, the global presence spans key innovation and economic hubs such as the US, the UK, the UAE, Canada, Singapore, Australia, Germany, the Netherlands, France, Saudi Arabia, Switzerland, Japan, and Sweden.
This expansive network has played a critical role in driving entrepreneurship at scale — over 2,500 alumni have founded or cofounded startups, collectively generating approximately 4.8 Lakh direct jobs worldwide.
Decoding IIT Delhi’s Startup Network
TL;DR: However, these names represent only a fraction of IIT Delhi’s broader entrepreneurial and leadership footprint.
The report highlights several prominent alumni from the corporate and startup ecosystem, including Deepinder Goyal (Founder of Eternal), Vinod Khosla (Cofounder of Sun Microsystems), Vivek Raghavan (Cofounder of Sarvam AI), Yashish Dahiya (Cofounder of PB Fintech), Mohit Aron (Founder of Nutanix, Cohesity) and Padmasree Warrior (Founder of Fable).
However, these names represent only a fraction of IIT Delhi’s broader entrepreneurial and leadership footprint. According to Inc42’s ‘Decoding India’s Soonicorn Landscape Report, 2024’, over 40% of Indian soonicorns have founders from Indian IITs, with IIT Delhi ranking second after IIT Bombay. Similarly, Inc42’s ‘Decoding India’s Unicorn Club Report, 2023’ noted that 42% of India’s unicorn founders were alumni of IITs, with IIT Delhi emerging as a key hotspot for unicorn creation.
Deep penetration across India’s leading startups
IIT Delhi’s Alumni Impact Report 2026 further indicates the rise in these numbers with founders of 21 unicorns and 45 soonicorns being part of the IIT Delhi alumni network. The report also notes 140 minicorns and one decacorn having IIT Delhi alumni as founders in India.
Alums building deep-rooted startups across sectors
IIT Delhi alumni network spans key sectors such as fintech, edtech, ecommerce and more. Here’s a glimpse of some prominent startups founded by IIT Delhi alums.
Wide reach across corporate networks
IIT Delhi alums are also making a strong impact through leadership roles across large, medium, and small corporates. They play a crucial role in shaping how essential systems such as education, finance, infrastructure, technology, and services function at scale for the society.
Why IIT Delhi Continues to Lead India’s Entrepreneurial Pipeline
TL;DR: Gupta is a 1993 graduate from the institute and the founder of IIT Delhi’s alumni-led endowment fund.
According to Vikram Gupta, founder and MD of IvyCap Ventures, one of IIT Delhi’s biggest strengths is its ability to attract the top talent in the country, with many of today’s top-ranking students increasingly choosing IIT Delhi over other IITs.
Gupta is a 1993 graduate from the institute and the founder of IIT Delhi’s alumni-led endowment fund. IvyCap Ventures manages a $530 Mn (INR 4,200+ Cr) fund that invests through alumni-driven ecosystems.
Beyond rankings and geography, the institute offers students a high degree of independence through campus activities, encouraging them to explore ideas beyond the classroom. This freedom often translates into entrepreneurial thinking early on, with many students beginning to experiment with startups during their four- or five-year academic programmes.
He further highlighted the diversity and depth of talent entering the campus, particularly from northern states such as Haryana, Uttar Pradesh, Jammu & Kashmir, and Rajasthan. With entrepreneurship gaining momentum across these regions, IIT Delhi has increasingly become a natural launchpad for founders emerging from this talent pool.
The Startup Revolution: From Campus To Capital
TL;DR: To strengthen its entrepreneurial ecosystem formally, IIT Delhi has built multiple institutional pillars over the years.
To strengthen its entrepreneurial ecosystem formally, IIT Delhi has built multiple institutional pillars over the years. The institute’s Entrepreneurship Development Cell (eDC), launched in 2007, has been the cornerstone of student-led innovation and venture-building activities. It offers workshops, mentorship, and competitions that cultivate entrepreneurial skills and early-stage ventures.
Beyond student engagement, IIT Delhi has also established formal funding and support vehicles to back startups and talent. In October 2019, the institute inaugurated its Endowment Fund – the first of its kind for an IIT – at a ceremony officiated by the President of India, with the aim of securing long-term financial stability and fuelling strategic priorities, including innovation, research, and entrepreneurship.
Over time, this endowment fund has become a key resource for entrepreneurial support. It has got hundreds of crores of commitments and realised contributions, enabling scholarships, seed funding mechanisms like the Endowment Nurture Fund, and targeted support for emerging startups, including grants for selected ideas (for instance, four student-led teams were awarded INR 50 Lakh each to pursue their ventures).
Complementing institutional funding, IIT Delhi Angels – the institute’s official angel investor network – brings together alumni, faculty, and ecosystem partners to provide pre-seed and seed capital, mentorship, and strategic connections for ventures emerging from the IIT Delhi community.
Together, these structured initiatives have transformed IIT Delhi into a launchpad where campus ambition systematically connects to capital and real-world entrepreneurial success. Reflecting on the strength of this ecosystem, Gupta emphasised the collaborative nature of IIT Delhi’s alumni community.
Beyond Capital: Building A Culture That Nurtures
TL;DR: For many alumni, the first exposure to entrepreneurship came not from textbooks but through lived experiences on campus.
For many alumni, the first exposure to entrepreneurship came not from textbooks but through lived experiences on campus. Many believe that IIT Delhi’s culture of first-principles thinking and comfort with complexity became foundational when they went on to build and scale their businesses.
Alok Mittal, cofounder of Indifi Technologies and a board member and cofounder of IIT Delhi’s endowment fund, recalled how his entrepreneurial journey began during his student years.
Today, Mittal plays a crucial role in nurturing future entrepreneurs at the institute. He is a graduate of the 1994 batch.
In an interaction with Inc42, Rohit Bansal, cofounder of Titan Capital and AceVector Group, which houses ecommerce firm Snapdeal and Uncommerce, and a 2006 graduate of IIT Delhi, reflected on how the institute shaped his entrepreneurial thinking. He described the campus as a powerful environment for peer-driven learning.
Bansal said that entrepreneurship felt distant and abstract before he joined IIT. On campus, however, seeing seniors and peers – people from similar backgrounds, living in the same hostels and navigating the same academic pressures – build meaningful and differentiated businesses made the journey feel attainable rather than aspirational. It also became evident early on that standing out in such an ecosystem required pursuing meaningfully different paths rather than following default choices.
Looking ahead, Bansal believes IIT Delhi will continue to serve as a strong source of ideas and talent across both his businesses and investing activities. “I see my relationship with IIT Delhi as an ongoing association – staying connected, sharing learnings from experience, and engaging wherever there is natural alignment,” he added.
Shaping The Next Phase Of India’s Startup Economy
TL;DR: IIT Delhi has been undergoing a fundamental transformation, evolving from a premier undergraduate teaching institution to a comprehensive, research-driven knowledge generating institute.
IIT Delhi has been undergoing a fundamental transformation, evolving from a premier undergraduate teaching institution to a comprehensive, research-driven knowledge generating institute.
Gupta said that the deeply collaborative alumni mindset sets IIT Delhi apart. This breadth of engagement gives IIT Delhi a strategic and financial edge, positioning it favourably compared to its peers.
From an institutional standpoint, Mittal believes the next phase of growth must be powered by private capital and ecosystem-led efforts. While government support plays a vital role in sustaining core academic programmes, he said entrepreneurship development requires independent funding, long-term thinking, and flexible capital.
Mittal also pointed to the importance of capacity building – from infrastructure and startup support systems to nurturing deeptech innovation. With a strong base of unrestricted capital, alumni backing, and one of the highest concentrations of unicorn founders, IIT Delhi is uniquely positioned to emerge as a key deeptech and innovation hub, not just for India but globally.
Together, these forces – alumni collaboration, institutional capital, and a culture of giving back – are shaping IIT Delhi’s next chapter. As the startup landscape matures and capital becomes more selective, IIT Delhi’s ability to connect campus ambition with long-term ecosystem support may well define how the next generation of founders is built – not just for the institute, but for the country at large.
Curated by Shiv Shakti Mishra
