US EditionIIT Madras to Launch ₹200 Crore VC Fund to Back Deeptech Startups
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IIT Madras to Launch ₹200 Crore VC Fund to Back Deeptech Startups
IIT Madras has announced the launch of a ₹200 crore (~$24 million) venture capital fund to support early-stage deeptech startups, particularly those incubated within its innovation ecosystem.The fund, titled the IITM Alumni Fund, was formally introduced during the Sangam 2025 alumni summit in Bengaluru.The fund aligns with the institute’s Startup Shatam mission to incubate 100 deeptech startups annually. Fund Focus: Pre-Series A and Series A in…
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