IIT-Madras launches Rs 600-crore deep tech focused venture capital fund for startups
CHENNAI: The Indian Institute of Technology Madras Research Park (IITMRP) has launched a Rs 600 crore deep-tech-focused venture capital fund aimed at supporting startups working in strategically critical technology domains. The fund, titled IIT Madras Unicorn Frontier Fund I, has appointed Unicorn India Ventures as its fund manager and includes a Rs 400-crore greenshoe option.
