BusinessIIT Madras, Unicorn India Close ₹450 Cr of ₹1,000 Cr Fund
IIT Madras and Unicorn India have achieved the first close of ₹450 crore for their ₹1,000 crore IITM Unicorn Frontier Fund I. The fund has already invested nearly ₹55 crore in four deep-tech startups and aims for a final close by December 2026 to support emerging technology ventures.
Business Standard·7h ago