Professor Chakrabarti also championed the creation of the IIT Kharagpur Entrepreneurship Cell (E-Cell) and the Incubation society which in the past 5 years, has spawned many successful upcoming businesses like Capillary Technologies, StudyPad Inc, iViz Technologies, Dataresolve Technologies and have generated more than a thousand jobs among themselves.In the E-Cell's early years, he invited successful entrepreneurs back to the institute to start companies, and also encouraged many students to take up entrepreneurial careers through the seed funding program. Aneesh Reddy and Krishna Mehra, founders of Capillary Technologies, a Red Herring 2012 Global 100 company said "Prof P P Chakrabarti was instrumental in driving us to start a student's entrepreneurship movement which has achieved tremendous success at IIT Kharagpur. When we were starting Capillary Technologies, Prof. Chakrabarti mentored us. His guidance in the initial days had a significant impact on our success. Today we employ 400 people globally and have clients in 16 countries with offices across 4 continents."
IIT Kharagpur Alumni Support Prof P.P.Chakrabarti's Candidature For Director, IIT Kharagpur
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