WaveX, the startup accelerator initiative of the Ministry of Information and Broadcasting, signed a memorandum of understanding with the Foundation for Innovation and Technology Transfer of IIT Delhi on 6 January 2026 to strengthen innovation, incubation, and entrepreneurship in media, entertainment, broadcasting, and communication technologies.
The agreement was signed at Shastri Bhawan in New Delhi by the teams of WaveX and FITT IIT Delhi in the presence of Sanjay Jaju, Secretary, Ministry of Information and Broadcasting. The partnership aims to accelerate media technology entrepreneurship by combining government support with academic and research expertise.
Under the collaboration, FITT IIT Delhi will support the implementation and expansion of the WaveX programme, a national initiative focused on establishing and strengthening incubation centres across the country. FITT will provide strategic and operational guidance for setting up incubators, facilitate engagement with other IITs and innovation hubs, and offer access to technical expertise, research facilities, mentorship, intellectual property support, and capacity building for startups and incubation managers.
WaveX will provide financial support, policy guidance, and national visibility to the programme. Through this partnership, the initiative seeks to nurture a future ready media and entertainment technology ecosystem by enabling startups with funding support, mentorship, infrastructure access, industry partnerships, and exposure to investors and global markets.
Speaking on the occasion, Sanjay Jaju said WaveX has been envisioned as a national catalyst for innovation in media and entertainment technologies. He said the programme will accelerate startups driving technological disruption in the media sector as well as innovators building new applications on existing platforms, while also establishing world class incubation facilities for media and entertainment startups.
Nikhil Agarwal, Managing Director of FITT IIT Delhi, said the partnership reflects FITT’s commitment to enabling technology driven entrepreneurship in emerging and creative technology sectors. He noted that by combining policy support, academic excellence, and industry engagement, the collaboration aims to create a strong national incubation platform for startups operating at the intersection of media, technology, and innovation.
The partnership marks a significant step towards leveraging the academic, research, and innovation strengths of IIT Delhi to accelerate startup growth and technology commercialisation under the WaveX framework, further strengthening India’s media and entertainment innovation ecosystem.
