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IIT Madras
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- 1IIT 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.
- 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.