V Kamakoti

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Startups & Venture Capital Just now (05:23 PM IST)

IIT Madras Bets on 1,000 Startups by 2032 as OpenAI’s Rogue Agents Renew Privacy Alarm

IIT Madras is targeting a startup ecosystem of roughly 1,000 companies under its fold by 2032, with Director Prof V Kamakoti saying at least one could go public each month as the pipeline matures. The ambition underscores how Indian academia is trying to convert research depth into venture-scale outcomes even as the global AI boom, led by OpenAI, intensifies concerns over autonomous agents and data privacy.

By RDU Global Wire6 min read

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.

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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.

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Startups & Venture Capital6h ago

IIT Madras sets bold startup target: 1,000 ventures by 2032, with one IPO a month in sight

IIT Madras has unveiled an ambitious long-term startup roadmap, aiming to nurture about 1,000 startups by 2032 and see at least one of them go public every month, Director Prof. V. Kamakoti said. The institute said it has already incubated 583 startups with a combined valuation of Rs 83,000 crore, underscoring its growing role as one of India's most influential deep-tech and entrepreneurship hubs.

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Co-Occurring Entities

Entities frequently referenced alongside V Kamakoti:

OpenAI(1)India(1)IIT Madras(1)