IIT Madras Research Park

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Startups & Venture Capital Just now (12:48 AM IST)

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.

By RDU Global Wire5 min read

Startups & Venture Capital3h ago

IIT Madras-backed Unicorn India Ventures raises Rs 450 crore in first close, targets Rs 1,000 crore deep-tech fund by December

IIT Madras, its Research Park and Unicorn India Ventures have announced a first close of Rs 450 crore for a Rs 1,000 crore fund aimed at advanced technology startups, with the final close expected by December 2026. The fund has already deployed nearly Rs 55 crore across four deep-tech startups as it sharpens its focus on sectors seen as strategically important to India's industrial and national security ambitions.

6 min readRead →

Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead →

Startups & Venture Capital2h ago

IIT Madras, Unicorn India Ventures Close First Rs 450 Crore Deeptech Fund

IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs 450 crore, setting up one of India's most targeted early-stage technology vehicles. The fund has already deployed nearly Rs 55 crore across four startups and aims to back 25 companies in sectors ranging from defence tech and spacetech to semiconductors, robotics and healthtech.

5 min readRead →

Startups & Venture Capital5h ago

IITM Unicorn Frontier Fund I Secures Rs 450 Crore First Close, Targets Deep-Tech Breakout in India

The IITM Unicorn Frontier Fund I has reached a Rs 450 crore first close and has already deployed nearly Rs 55 crore into four deep-tech startups spanning space, quantum, batteries and carbon capture. Backed by IIT Madras, IIT Madras Research Park and Unicorn India Ventures, the fund is part of a larger Rs 1,000 crore vehicle designed to bridge the gap between laboratory innovation and commercial scale.

5 min readRead →

Startups & Venture CapitalSept 26, 2026

IIT Madras and Unicorn India Ventures Secure ₹450 Cr for Deeptech Fund

IIT Madras and Unicorn India Ventures have successfully closed their first round of funding at ₹450 crore, aiming to bolster India's deeptech startup ecosystem. This initiative marks a significant step in fostering innovation and entrepreneurship in the technology sector.

4 min readRead →

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Co-Occurring Entities

Entities frequently referenced alongside IIT Madras Research Park:

Unicorn India Ventures(1)India(1)IIT Madras(1)