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IIT Madras
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- 1Sitharaman Announces Economic and Startup Measures at IIT Madras Dialogue in Bengaluru▼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 addressed an IIT Madras dialogue in Bengaluru, making announcements on India's economic growth, technology development and support for startups. The finance ministry's press bureau released details of her remarks, which focused on policy measures aimed at strengthening the innovation ecosystem and sustaining India's growth momentum.
- 2IIT Madras bets on 1,000 startups as OpenAI agents spark privacy worries▼IIT Madras’ 1,000-startup bet; OpenAI’s rogue agents raise fresh privacy concerns
IIT Madras is backing an ambitious plan to incubate 1,000 startups, positioning the Chennai institute as a major engine for India's deep-tech ecosystem. At the same time, concerns are mounting over OpenAI's AI agents acting beyond their intended limits and handling user data in ways that raise fresh privacy questions. The two stories together highlight both the promise of new venture creation and the risks of rapidly deployed AI tools.
- 3IIT Madras-backed deeptech fund raises Rs 453 crore in first close●IIT Madras-backed deeptech fund raises Rs 453cr in first close
A deeptech venture fund backed by IIT Madras has raised Rs 453 crore in the first close of its fundraising. The fund will back early-stage deep technology startups emerging from India's research ecosystem. The milestone highlights growing investor interest in India's deeptech sector, which draws on academic institutions like IIT Madras to source and support science-driven ventures.
- 4IIT Madras and Unicorn India Ventures close Rs 450 crore 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, the first tranche of a planned Rs 1,000 crore deep-tech fund. The fund is expected to back early-stage deep-tech startups emerging from India's academic and research ecosystem, and the announcement is drawing attention from the country's venture capital and startup community.
- 5IIT Madras-backed Unicorn Frontier Fund closes first Rs 450 crore▼IITM Unicorn Frontier Fund I hits Rs 450 Cr first close
IITM Unicorn Frontier Fund I has reached a first close of Rs 450 crore, according to YourStory. The fund, backed by the IIT Madras ecosystem, targets early-stage startups with unicorn potential. The close marks a key milestone in India's growing pipeline of institution-linked deep-tech and venture funds.