Monday, 28 September 2026Updated 15m ago
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IIT Madras–Unicorn India fund raises ₹450 crore at first close

6 sources · first seen 14:10 26 Sept · updated 04:37 28 Sept

The brief

Written from 6 reports · check the source before you trade
  • The fund has a ₹1,000 crore target and aims for final close by December 2026
  • It has deployed nearly ₹55 crore across four deep-tech startups

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Startup funding10 todayStartups and VC12 todayIIT Madras2 today

Read the reports

6 reports · earliest 14:10
Business LineIIT Madras Unicorn Frontier Fund I achieves first close at ₹450 cr14:10Business StandardIIT Madras, Unicorn India mark ₹450 cr first close of ₹1,000 cr fund14:16Inc42IIT Madras, Unicorn India Ventures Mark First Close Of Fund I At ₹450 Cr17:48Financial ExpressIIT Madras-Unicorn India deeptech fund raises Rs 450-crore first close23:55Economic TimesIIT Madras-backed deeptech fund raises Rs 450 crore in first close, invests Rs 55 crore in four startups16:28Times of IndiaIITM-backed deeptech fund raises Rs 453 cr in first close04:37