Current Affairs - Education - Discussion

IIT Bombay hosted the Mumbai City Connect of the MC²⁺ Ignite energy innovation accelerator, organised by ONGC on September 8, 2026. The event aimed to strengthen the energy innovation ecosystem by connecting industry, academia and startups. A tripartite MoU was signed between the MC²⁺ Foundation, IIT Bombay and the Society for Innovation & Entrepreneurship (SINE). The accelerator is designed to support up to 30 high-potential early-stage energy startups. Eligible startups can receive up to ₹2 crore in total potential support through convertible funding and milestone-based funding for validation and pilot projects. SINE serves as IIT Bombay’s technology business incubator.