Synopsys, has partnered with Indian Science and Technology Entrepreneurs Parks and Business Incubators Association (ISBA) through a newly signed MoU to support and expand India’s startup and incubation landscape. The collaboration will give startups access to advanced engineering simulation tools, expert guidance, and broader ecosystem resources, helping accelerate the growth of hardware, deep-tech, and technology-driven ventures.
This partnership is designed to speed up product development, enhance hardware performance and reliability, reduce prototyping expenses, and strengthen innovation among emerging tech founders. It also supports India’s larger push for homegrown innovation by empowering startups in sectors like systems engineering, robotics, automotive, aerospace, energy, and manufacturing to scale more efficiently using industry-grade technologies.
ISBA plays a crucial role in strengthening India’s incubation and early-stage innovation landscape. For startups, the journey from idea to impact is often a long and tedious one. Through this partnership, Synopsys aims to empower hardware and deep-tech startups with world-class simulation tools, technical insights, and mentorship to accelerate their journey from idea to impact. This will build a stronger pipeline of engineering innovators for India,” said Murali Pullela, Country Head (Simulation & Analysis), Synopsys. As part of the collaboration, Synopsys will conduct joint events with ISBA to support engineering hardware and system- focused startups. Additionally, Synopsys will extend evaluation and trial licenses of Ansys engineering simulation software for three months to startups, incubators, and MSMEs recommended by ISBA, supported by its technical experts. Following these trial periods, eligible startups can join the Ansys Startup Program to gain access to the tools for an extended period of time.
ISBA plays a key role in India’s innovation ecosystem by bringing together incubators, startups, academia, industry, and government to support entrepreneurship in a structured and collaborative manner. Through its engagement with institutions supported by ministries and initiatives such as DST, MeitY, DPIIT, BIRAC, and the Atal Innovation Mission (AIM), ISBA facilitates knowledge exchange, capacity building, and access to critical resources. The partnership with Synopsys is expected to strengthen support for deep-tech and hardware startups by enabling access to advanced simulation tools and technical expertise. This, in turn, will enhance their ability to develop, test, and scale products, contributing to India’s growing technology innovation landscape,” said Mr. Prasad Menon, President, ISBA.
By combining Synopsys’ global engineering simulation expertise with ISBA’s extensive national network of incubators and startups, the collaboration is positioned to create meaningful impact for India’s next generation of engineering-first ventures. It will play a key role in the “Make in India” agenda.
The Synopsys and ISBA MoU was announced by Ashish Garde, Board Member, ISBA and Murali Pullela, Country Head (S&A), Synopsys. Ajay Deshkar, Managing Partner, 3D Engineering; and Sripriya Ranga Swamy, Director, SriHari Techsoft were also present at the event.
