IIT Madras' Rural Technology & Business Incubator (RTBI) provides an incubation ecosystem suitable to entrepreneurs for designing, developing and bringing-about innovations that are appropriate, accessible and affordable to build effective rural solutions.

Rural Energy Network Enterprise (RENE) part of IFMR Ventures, a wholly owned subsidiary of IFMR Trust, is focused on identifying gaps and facilitating efficient functioning of the energy supply chain in rural areas of India.

IFMR and RTBI aim to create and launch an unbiased marketplace that would help rural product owners to scale up and address larger markets.