WaveX and FITT IIT Delhi Sign MoU to Boost Media Tech Innovation and Startups
On January 7, 2026, WaveX, the startup accelerator initiative under the Ministry of Information and Broadcasting (I&B), Government of India, signed a Memorandum of Understanding (MoU) with the Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi. This partnership aims to enhance innovation, incubation, and entrepreneurship in the media, entertainment, broadcasting, and communication technology sectors.
Details of the Collaboration
The collaboration between WaveX and FITT is designed to support the implementation and expansion of the WaveX Programme, a national initiative focused on fostering innovation and entrepreneurship. The key components of this partnership include:
- FITT will provide strategic and operational guidance for the establishment of incubation centers across the country.
- Facilitation of engagement with other IITs and innovation hubs.
- Access to technical expertise and research facilities.
- Mentorship and intellectual property (IP) support.
- Capacity-building initiatives for startups and incubation managers.
WaveX will complement these efforts by offering financial support, policy guidance, and national visibility for the program. The goal is to nurture a future-ready media and entertainment technology ecosystem by enabling startups through funding, mentorship, infrastructure access, industry partnerships, and exposure to investors and global markets.
A National Catalyst for Innovation
During the signing ceremony, Sanjay Jaju, Secretary of the Ministry of Information and Broadcasting, emphasized the importance of WaveX as a national catalyst for innovation in media and entertainment technologies. He stated, “WaveX is envisioned as a national catalyst for innovation in media and entertainment technologies. It will accelerate startups driving core technological disruption in the media industry, as well as innovators building new applications on existing technology platforms.”
Jaju highlighted that WaveX aims to catalyze the wider ecosystem and establish world-class incubation facilities for media and entertainment startups.
FITT’s Commitment to Entrepreneurship
Nikhil Agarwal, Managing Director of FITT, IIT Delhi, who signed the MoU on behalf of FITT, expressed the organization’s commitment to fostering technology-driven entrepreneurship. He remarked, “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.”
Strengthening India’s Media Innovation Ecosystem
This partnership marks a significant step towards leveraging the academic, research, and innovation strengths of IIT Delhi to accelerate startup growth and technology commercialization under the WaveX framework. It aims to further strengthen India’s media and entertainment innovation ecosystem.
About FITT, IIT Delhi
The Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi serves as the industry interface organization for the Indian Institute of Technology Delhi. Established to facilitate innovation, entrepreneurship, and technology commercialization, FITT plays a crucial role in incubation, industry collaboration, research translation, intellectual property management, and the development of the startup ecosystem both within and beyond the IIT Delhi framework.
About WaveX
WaveX is a national media and entertainment technology innovation and incubation program under the aegis of the Ministry of Information and Broadcasting, Government of India. Implemented through the National Film Development Corporation Ltd., this initiative aims to nurture startups and entrepreneurs working in broadcasting, communication, media, and emerging technologies. It provides structured incubation support, industry access, mentorship, and both national and global exposure for these startups.
Conclusion
The collaboration between WaveX and FITT IIT Delhi represents a significant advancement in the media technology landscape of India. By combining resources, expertise, and strategic guidance, this partnership is poised to foster a vibrant ecosystem that encourages innovation and supports the growth of startups in the media and entertainment sectors.
Note: This article is based on information available as of January 2026 and has not been edited from its original source.
