IIT Madras-Backed Deeptech Fund Raises Rs 453 Crore in First Close
IIT Madras and Unicorn India Ventures announced the first close of their Rs 1,000-crore deeptech fund, raising about Rs 453 crore. Around one-third of the capital comes from overseas investors. The fund aims to support capital-intensive startups that may take years to reach commercial scale.
TOI Business·3h ago


