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IIT Madras
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- 1Nirmala Sitharaman announces key economic measures at IIT Madras dialogue●Union Finance Minister Smt. Nirmala Sitharaman Makes Key Announcements on India's Economic Growth, Technology, and Startups at IIT Madras Dialogue in Bengaluru
Union Finance Minister Nirmala Sitharaman made a series of key announcements on India's economic growth, technology and startups during an IIT Madras dialogue held in Bengaluru. The remarks covered the government's priorities for supporting innovation, the startup ecosystem and the broader technology-driven growth agenda. Details of specific measures were released through the government's press bureau.
- 2IIT Madras and Unicorn India Ventures close Rs 450 crore for deep-tech fund●IIT Madras and Unicorn India Ventures announced a Rs 450 crore first close for the IITM Unicorn Frontier Fund I, part of
IIT Madras and Unicorn India Ventures have announced a Rs 450 crore first close for the IITM Unicorn Frontier Fund I, moving toward a planned Rs 1,000 crore vehicle focused on deep-tech startups. The fund will back early-stage companies emerging from India's research and academic ecosystem, with IIT Madras's incubation network expected to serve as a pipeline. It marks another step in institutional participation in Indian deep-tech venture funding.
- 3IIT Madras-backed fund closes Rs 450 crore first round●IITM Unicorn Frontier Fund I hits Rs 450 Cr first close
The IITM Unicorn Frontier Fund I has reached a first close of Rs 450 crore, a milestone that allows the venture fund to begin deploying capital into early-stage startups. The fund is associated with IIT Madras and targets the country's next generation of technology companies. The announcement was reported by Indian startup media, highlighting growing institutional interest in backing university-linked venture capital.