Bengaluru: Infineon, a global leader in power semiconductors and IoT solutions, has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to strengthen India’s startup ecosystem.
The MoU is designed to promote innovation by encouraging engineering students, entrepreneurs, and product startups to use the company’s technologies for solving India-specific challenges in areas such as IoT, e-mobility, and security.
Through design challenges and innovation programs, Infineon aims to create a strong pipeline of sustainable technology solutions.
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Infineon MoU with DPIIT to Drive Startup Innovation
Vinay Shenoy, Managing Director of Infineon India, said, “We are committed to empowering India’s startup ecosystem in microelectronics. Partnerships such as the MoU with DPIIT allow us to work with innovative startups, giving them access to state-of-the-art technologies and our global networks. In return, we gain from their agility and entrepreneurial spirit, driving mutual growth and strengthening India’s innovation ecosystem.”
Partnerships to Strengthen Innovation Ecosystem
Over the years, the company has partnered with incubators and institutions like the Foundation for Science Innovation & Development at IISc Bangalore, IIT Madras Incubation Cell, and ARTPARK.
Key initiatives include the AI Challenge with Startup India and AGNIi, the solar pump motor drive challenge, and an MoU with MEITY to support the MEITY Startup Hub. These efforts highlight Infineon’s role in supporting Indian entrepreneurs with resources, expertise, and funding.
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Startup Collaborations in E-Mobility and Smart Health
Several successful collaborations underline Infineon’s co-innovation model:
- e-Drift Electric is working on energy-efficient EV charging modules using Infineon’s Si-SiC-MOSFET portfolio to build a cleaner transportation future.
- EYDelta is developing electric motors and motor controllers for sectors including e-mobility, drones, and aerospace, integrating AI-driven diagnostics and cloud connectivity to optimize energy use.
- Mimyk, a health-tech startup from IISc Bangalore, is focusing on metabolic health monitoring, leveraging Infineon’s latest microcontrollers and global network access to accelerate development.
