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The Economic Times
The Economic Times

How 25 students of Gurgaon-based college raised Rs 60 crore funding in deep tech and space ventures in a day

Twenty-five startups associated with Gurugram-based Masters’ Union University attracted around Rs 60.5 crore in soft funding commitments at a pitch event. Their businesses ranged from satellite technology and artificial intelligence to climate solutions and advanced manufacturing.

The recently held event brought together more than 65 venture capital firms and angel investors, with the 25 participating startups collectively attracting approximately Rs 60.5 crore in soft funding commitments. The funding commitments are subject to the usual investor due diligence, valuation discussions, and documentation before the investments are formally completed.

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