Previously, he was a senior faculty member at the International Centre for Entrepreneurship and Career Development (ICECD) in Ahmedabad, India. Punit received his PhD from the Indian Institute of Technology Kharagpur, India, in the domain of innovation and entrepreneurship development. He has hands-on experience in managing government innovation and entrepreneurship funding programs and is also involved with the academic aspects of entrepreneurship. His research interests include innovation management and entrepreneurship development, and he has varied experience in product funding and commercialization.