IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused Fund I at ₹450 crore, underscoring rising institutional interest in India’s science-led startup pipeline. The vehicle is designed to back early-stage companies emerging from research labs, engineering campuses and frontier technology ecosystems, with a particular emphasis on deeptech commercialization.
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"IIT Madras, Unicorn India Ventures Mark First Close of Deeptech Fund at ₹450 Crore"
IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused Fund I at ₹450 crore, underscoring rising institutional interest in India’s science-led startup pipeline. The vehicle is designed to back early-stage companies emerging from research labs, engineering campuses and frontier technology ecosystems, with a particular emphasis on deeptech commercialization.
IIT Madras, Unicorn India Ventures Mark First Close of Deeptech Fund at ₹450 Crore
R
RDU Global Wire
Startups & Venture Capital Desk
New Delhi, India Just now (12:48 AM IST)•5 min read
IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused Fund I at ₹450 crore, underscoring rising institutional interest in India’s science-led startup pipeline. The vehicle is designed to back early-stage companies emerging from research labs, engineering campuses and frontier technology ecosystems, with a particular emphasis on deeptech commercialization.
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