Synopsys and ISBA (Indian Science and Technology Entrepreneurs Parks and Business Incubators Association) have signed an MoU to boost India’s startup ecosystem particularly for engineering hardware, deep-tech, and tech-driven ventures.
The partnership betweeen Synopsys and ISBA gives startups access to Synopsys’ industry-grade engineering simulation tools, technical mentorship, and ecosystem support.
This will help speed up product development, improve hardware reliability, slash prototyping costs, and fuel innovation across sectors like systems engineering, robotics, automotive, aerospace, energy, and manufacturing.
By combining Synopsys’ global simulation expertise with ISBA’s nationwide network of incubators, the collaboration supports the “Make in India” push and positions India as a hub for next-gen engineering startups.
The MoU between Synopsys and ISBA was announced by Ashish Garde (ISBA Board Member) and Murali Pullela (Country Head S&A, Synopsys), with Ajay Deshkar (Managing Partner, 3D Engineering) and Sripriya Ranga Swamy (Director, SriHari Techsoft) also present.
Leadership Comments
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,” added Murali.
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.
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