ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/venture-capitalists” target=”_blank”>Venture capitalists (VCs) are increasingly taking flights to ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/chennai” target=”_blank”>Chennai as they see the city emerging as a new hub for deep-tech funding, driven largely by the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/iit-madras” target=”_blank”>IIT Madras incubation ecosystem.
Term sheets are being closed faster and family offices and high net-worth individuals (HNIs) are stepping in at very early stages, backed by success from the manufacturing ecosystem and proximity to Bengaluru, making it a convenient destination for regular visits.
According to data from Tracxn, startups in Chennai raised more than 95 rounds in 2024, receiving…
