Society for Electronic Transactions and Security(SETS)

(Under O/o The Principal Scientific Adviser to the Govt. of India )

MGR Knowledge City, CIT Campus, Taramani, Chennai - 600113

Memorandum of Understanding between the Society for Electronic Transactions and Security (SETS) and Indian Institute of Technology, Madras on 19th November 2025.

The meeting included Prof. Kamakoti, Director, IIT Madras; Prof. Manu Santhanam, Dean (IC & SR); Dr. Dara Ajay, PhD, LLM, RTTP, Head – Technology Transfer Office, (IC & SR); Dr. C. S. Shankarram, Associate Dean, (IC & SR), from IIT Madras. PSA Prof. Ajay Kumar Sood; Dr. Rakesh Kaur, Adviser/Scientist 'G'; and Shri. Vivek Kumar, Scientist 'D', joined the MoU signing between SETS and IIT Madras virtually. Officials from SETS included Dr. Subramanian Neelakantan, Executive Director; Ms. A. Suganya, Scientist-G; Dr.Natarajan Venkatachalam, Scientist-E; Mr. Thirupathi k, Scientist-D; Mr. CMA PALANI V, CAAO.

The MoU will enable the commercialisation of cybersecurity solutions and products developed by SETS through the Technology Transfer Office (TTO IIT Madras) , ICSR. The services from ICSR-IITM will aim to identify potential users of SETS’s IP among entrepreneurs, SMEs, start-ups, and MNCs in India and abroad.