The institute is a registered not-for-profit society funded jointly by the Government of Karnataka and the IT industry under a public-private partnership model.

[5] IIIT Bangalore is managed by a Governing Body with Kris Gopalakrishnan, co-founder, Infosys Ltd., as the chairperson.

Other members of the board include Prof. Debabrata Das, Director, IIITB, B V Naidu, Chairman, Sagitaur Ventures Pvt Ltd ISN Prasad, IAS, Additional Chief Secretary, Government of Karnataka, Dr. E.V.

Viswanathan, Vice President (Industry Initiatives), NASSCOM, Naresh Shah, Former President, India R&D for Hewlett Packard Enterprise, TK Srirang, Senior General Manager & Head Human Resources, ICICI bank, Uday Hegde, Co-founder & CEO USEReady, Kishore Ramisetty, Vice President, Data Platforms Group, Intel, Rishikesha T Krishnan, Director, IIMB, Cmde SR Sridhar (Retd.

), Registrar, IIITB - Secretary to the Board and Outreach Head [8] The university offers Integrated MTech [Dual Degree (BTech+MTech)], Master of Technology (MTech), Master of Science in Research, Doctor of Philosophy (Ph.D.) and MSc (Digital Society) degrees with various specializations.

Spandan is the annual intra-sports festival of IIIT Bangalore, primarily organised for the alumni to revisit the campus and compete with the current students.

[28] IIITB has a long list of alumni who have gone on to become successful entrepreneurs and have founded various startups over the years— Intellipaat by Mohanshi Jain, 365Build by Gowthaman Basuvaraj, SearchEnabler by Khadim Batti, Hudooku by Ajay V, Mokean by Kumaran and Murthy are among many noteworthy others.

Accelerator programs focus on startups that are building on frontier technologies like Mobile Apps, Bots, AI, Conversational Interfaces and Augmented Reality.