Press Release
Synopsys and ISBA Collaborate to Strengthen India’s Deep-Tech and Hardware Startup Ecosyste
31st March, 2026, Pune: Synopsys, Inc., the leader in engineering solutions from silicon to systems, and the Indian Science and Technology Entrepreneurs Parks and Business Incubators Association (ISBA), India’s only pan-India network of business incubators, today signed an MoU to announce a strategic collaboration to strengthen India’s startup and incubation ecosystem. Through access to engineering simulation, technical mentorship, and ecosystem support, this collaboration will accelerate the growth of India’s engineering hardware, deep-tech, and technology-led startups.
The Synopsys-ISBA collaboration aims to fast-track product development cycles, advance hardware reliability, cut prototyping costs, and improve the overall innovation capacity of young technology builders across the country. The collaboration also aligns with the broader national agenda of promoting indigenous innovation, enabling startups across systems engineering, robotics, automotive, aerospace, energy, and manufacturing to scale faster with industry-grade simulation capabilities.
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.
