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IIT MADRAS FUNDRAISING
Spacetech firm Agnikul eyes $50-75 million at flat $500 million valueSpacetech startup Agnikul Cosmos is reportedly in talks to raise $50-75 million at a $500 million valuation. This potential funding round, ...11 May, 2026, 06.00 AM IST- Air taxi startup ePlane eyes $40-50 million round, Speciale Invest co-leadsDeeptech investor Speciale Invest is in discussions to co-lead the private round, along with other investors, sources said. The Chennai-bas...23 Feb, 2026, 06.00 AM IST
- IIT Bombay incubator launches Rs 250 crore deeptech fund, to back 30 startupsIIT Bombay's SINE launched Y-Point Venture Capital, a substantial Rs 250-crore deeptech fund aimed at elevating early-stage startups. Targe...09 Dec, 2025, 06.58 PM IST
- Medibuddy eyes $130 million in pre-IPOMedibuddy was founded by IIT Madras alumni Satish Kannan and Enbasekar Dinadayalane. Its shareholders include a Liechtenstein royal family ...06 Jun, 2025, 10.38 AM IST
- Top engineering colleges hit the fund trail to boost research, infrastructureIndia's top engineering schools, including IITs and BITS Pilani, are actively fundraising from alumni, corporations and philanthropists. Th...16 Dec, 2024, 06.48 AM IST
- IIT Madras raises 513 crore from alumni, corporates and donors in FY 23-24The alumni did most of the heavy lifting, contributing Rs 368.19 crore, followed by the CSR segment contributing Rs 95.53 crore, with the r...08 May, 2024, 02.49 PM IST
- IITs step up efforts to raise donations from alumniIIT Delhi, which currently has a total endowment reserve of Rs 350 crore from its alumni, looks to add another Rs 250 crore in the next two...20 Jan, 2024, 08.11 PM IST
- Engineering colleges and B-schools see spike in funding from alumni“Till 2016-2017, the institute used to raise an average of Rs 1 crore per year. Now, it has gone up to Rs 32 crore in 2022-23. Funding has ...14 Aug, 2023, 12.00 AM IST
- IIT Madras fundraising soars to an all-time high of Rs 131 cr from alumni & corporates in FY22IIT Madras has raised a historic all-time high sum of Rs 131 crore from alumni, donors, and corporate firms during the financial year of 20...16 May, 2022, 04.47 PM IST
- IIT Madras fundraising soars to all-time high of Rs 131 cr in 2021-22The funds raised have been vital in supporting infrastructure development, scholarships, chair professorships, research, and initiatives.16 May, 2022, 04.25 PM IST
- IITs step up fundraising campaign to drive expansionThe IITs of Kanpur, Delhi, Madras, Bombay, Roorkee and Hyderabad, among others, are stepping up initiatives to engage with alumni, corporat...24 Apr, 2022, 07.46 PM IST
- Insurance giant LIC announces 5-day work week from May 10 for its employees06 May, 2021, 04.46 PM IST
- IITians rally in fight against Covid through technology, fundraisingFaculty and researchers from IITs have come up with ways to produce more oxygen. Alumni are putting their vast networks to use — especially...02 May, 2021, 02.35 PM IST
- IITs now turn more to alumni for fundingWith insufficient govt funding, institutes are setting up alumni development offices, forming alumni boards to reach out. From setting up a...13 Jan, 2020, 12.38 PM IST
- Launched by IIT-M, startup to help other startupsYNOS Venture Engine CC Private Limited, a startup incubated at the IIT Madras Incubation Cell, was founded by Prof Thillai Rajan of the dep...29 May, 2018, 11.43 AM IST
- Alumni funding on the rise at IITsAs many as 171 members contributed to the corpus, which will be used towards research centres, campus infrastructure, faculty and student d...29 Jan, 2018, 11.16 PM IST
- DocsApp looks to cure fund woes with Rs 36 crore from BessemerThe company had raised seed funding last year of Rs 8 crore through a round led by Rebright Partners and Takeshi Ebihara.03 Oct, 2017, 08.55 AM IST
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