New Delhi: IICT Mumbai, in collaboration with WaveX – the startup accelerator platform under the Ministry of Information and Broadcasting – has announced the launch of a dedicated Media Tech Incubator to nurture high-potential startups in the AVGC-XR (Animation, Visual Effects, Gaming, Comics, and Extended Reality) sector.
The Media Tech Incubator will provide an innovation-driven ecosystem with mentorship, infrastructure, advisory services, and real-world testing opportunities through government media unit partnerships. The initiative is designed to help Indian media startups effectively scale and commercialize their products.
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Media Tech Incubator to Strengthen AVGC-XR Ecosystem
Two-Phase Support Model for Startups
The program will run on a structured two-phase model:
- Active Phase: Comprehensive support for business modelling, product development, pitching, branding, fundraising, and regulatory compliance, combined with sandbox testing across OTT, VFX, VR, gaming, animation, publishing, and post-production.
- Passive Phase: Continued engagement through lighter mentorship, investor connections, and global showcasing opportunities at Waves Bazaar.
Infrastructure, Mentorship and Global Exposure
Startups in the Media Tech Incubator will benefit from co-working spaces, AV/digital labs, hosting servers, high-speed LAN/Wi-Fi, AWS and Google Cloud credits, and India AI compute services. The program will also feature masterclasses from global tech leaders at Google, Microsoft, and Amazon, alongside bootcamps, policy clinics, and investor engagement sessions.
Governed by WaveX under quarterly reviews with the Ministry of I&B, the incubator will initially support 15 startups in its first batch, based at the IICT Mumbai campus. The program fee is set at ₹8,500 plus GST per month.
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Application Deadline
Applications for the first cohort of the Media Tech Incubator are open until September 7, 2025. Interested startups can apply online via wavex.wavesbazaar.com by registering on the dashboard and completing the application process.
About WaveX
WaveX is the dedicated startup accelerator platform under the Ministry of Information & Broadcasting’s WAVES initiative, designed to foster innovation in media, entertainment, and language technologies.
About IICT
The Indian Institute of Creative Technologies (IICT), Mumbai, launched in July 2025, is a public–private partnership involving the Government of India, Government of Maharashtra, and industry bodies such as FICCI and CII. With global collaborations including Google, Adobe, and Meta, IICT aims to strengthen India’s creative economy and build world-class talent in gaming, animation, post-production, comics, and XR.
