IIT Madras & Unicorn India Ventures launch Rs 600-crore deeptech fund

IIT Madras and Unicorn India Ventures have launched a Rs 600-crore deeptech fund, with a Rs 400-crore greenshoe option, to support early-stage, IP-driven startups. The fund will back engineering-heavy firms in robotics, space, defence, semiconductors, and medical technology, investing Rs 8–10 crore in over 25 startups.