Ministry of I&B’s WaveX Signs MoU with FITT-IIT Delhi

WaveX, the startup accelerator initiative under Ministry of Information & Broadcasting, Government of India, signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT), IIT Delhi, to collaborate on strengthening innovation, incubation and entrepreneurship in media, entertainment, broadcasting and communication technologies.

The MoU was signed by the teams of WaveX, and FITT, in the presence of Sanjay Jaju, Secretary, Ministry of Information & Broadcasting .

On the occasion, Sh. Jaju said, “WaveX is envisioned as a national catalyst for innovation in media and entertainment technologies. WaveX will accelerate startups driving core technological disruption in the media industry, as well as innovators building new applications on existing technology platforms. WaveX aims to catalyse the wider ecosystem and establish world-class incubation facilities for M&Estartups.”

Further Dr. Nikhil Agarwal, Managing Director, FITT, IIT Delhi, who signed the MoU on behalf of FITT said, “This partnership with WaveX reflects FITT’s commitment to enabling technology-driven entrepreneurship in emerging and creative technology sectors. By combining policy support, academic excellence, and industry engagement, we aim to create a strong national incubation platform that supports startups working at the intersection of media, technology, and innovation.”(updated o 7th january 26)