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deeptech fund
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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.