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IIT-Madras faculty founded 94 startups valued at Rs 1400 crore; hybrid aerial vehicles among projects

IIT-Madras faculty founded 94 startups valued at Rs 1400 crore; hybrid aerial vehicles among projects

The number of companies directly founded by IIT-Madras faculty members stood at 94 in October this year. These have a combined valuation in excess of Rs 1,400 crore, based on investment raised by these startups from angel investors or venture capital firms. December 05, 2021 at 06:29PM

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