South Asia
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IIT Madras launches ₹6 billion deep tech fund
IIT Madras has joined forces with Unicorn India Ventures to launch a deep tech fund that aims to invest in more than 25 companies.
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IIT Bombay creates ₹2.5 billion Y Point Venture Capital Fund
The Y Point Venture Capital Fund will primarily invest in early-stage, deeptech IIT Bombay spinouts, but also back startups from other institutions.
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Hanoi targets first university spinout by year’s end
Hanoi aims to produce its first university spinout by year-end after the central government issued clear enabling regulations.
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IIMA Ventures launches the Aerospace & Defence Acceleration Fund
IIMA Ventures, the innovation arm of IIM Ahmedabad, has partnered with Jaivel Aerospace to create a fund that will back up to ten startups.
