IITM Unicorn Frontier Fund I hits Rs 450 Cr first close

IIT Madras, IIT Madras Research Park, and Unicorn India Ventures have announced a Rs 450 crore first close for the IITM Unicorn Frontier Fund I, part of a planned Rs 1,000 crore deeptech fund. “At IIT Madras, we have built an ecosystem that has nurtured several deeptech companies who have consistently demonstrated TRL growth. With a joint fund with best in class deeptech investors Unicorn India, we are now confident that these companies will not only get access to patient capital but also strate