VCs flock to Chennai as IIT Madras helps deeptech take root

Here’s a summarized list based on the information provided in the article about venture capital activity in Chennai:

Startups

  1. Agnikul Cosmos
  2. The ePlane Company
  3. Ather Energy
  4. Uniphore

Founders

  • Information on specific founders was not detailed in the article.

Funds

  1. Bharat Innovation Fund

Investors

  • Venture capitalists and family offices were mentioned, but specific names were not provided.

Fundraise Series

  • Companies are primarily closing deals at the pre-seed or prototype stage.

Funding Amount

  • Startups in Chennai raised $795.88 million in 2024 across more than 95 rounds.

Dates

  • The context of the funding refers to 2024, but specific dates of fund raises were not detailed.

This structure reflects the key components regarding startup funding in Chennai, focusing on deep-tech sectors driven by the IIT Madras ecosystem.

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2025-05-29 00:30:00