NIT Warangal has a centre established with the objective of providing laboratory space for start-up industries. Future Now Innosoft (p) ltd and Sky e it solutions have started their activities in this centre. The Lakshya Foundation, an alumni-led organization, also has its office set up here.[10] M/s Infosys (p) ltd. funded a research project which is carried out in this centre by the faculty and students of NIT Warangal.[11] CUSMAT, A Virtual Reality-based startup also has emerged at the Centre for Innovation and Incubation, NIT Warangal.[12]
It also houses the Web and Software Development Cell (WSDC), a team of students which develop the institute website, semester registrations, online feedback, online attendance, online mess and hostel allotment (OMAHA) among many other things.[13]