Indian Institute of Technology Madras Research Park (IITMRP), in collaboration with Unicorn India Ventures, on Friday announced the launch of a βΉ600-crore fund to support deep tech startups across India.
Called IIT Madras Unicorn Frontier Fund I, it will have βΉ400 crore βgreenshoe optionβ, a clause that allows underwriters sell 15 per cent more shares than planned if the demand was
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