IIT Madras has successfully closed the first funding phase of its Unicorn Frontier Fund I, securing Rs 450 crore in investments. Launched in collaboration with IIT Madras Research Park and Unicorn India Ventures, the fund has already allocated Rs 55 crore across four promising deep technology startups. This milestone, celebrated in the presence of India's Finance Minister, represents a significant commitment to nurturing innovation-driven enterprises and strengthening the country's deep tech ecosystem.

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