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IIT Madras Launches ₹200 Crore Alumni VC Fund to Back DeepTech Startups

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IIT Madras Launches ₹200 Crore Alumni VC Fund to Back DeepTech Startups IIT Madras to Raise ₹200 Crore for First-Ever Alumni VC Fund Focused on DeepTech Startups In a bold step to strengthen India’s startup ecosystem, IIT Madras has announced a ₹200 crore fundraising goal for its inaugural venture capital fund . The fund, named the IITM Alumni Fund , will focus on backing early-stage startups , especially in the deeptech and AI space , that originate from the institute's innovation ecosystem. 🔹 A Call to the Alumni Network Speaking on July 5, IITM Director Prof. V. Kamakoti appealed to alumni and the wider investor community to participate in this landmark initiative. “ Now is the time to give back. When you give, you get back, ” he said, drawing inspiration from a Tamil proverb. His message emphasized that the fund is not just about financial returns—but about deepening alumni engagement while propelling India's innovation landscape forward. 🔹 Building on a Strong Le...
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Asian Paints Gets Double Upgrade by Jefferies: Why This 'Fallen Angel' Could Make a Strong Comeback

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Asian Paints Upgraded to ‘Buy’ by Jefferies: 3 Key Reasons for a Potential Turnaround Asian Paints has received a significant confidence boost from global brokerage firm Jefferies , which has issued a double upgrade , moving the stock rating from Underperform to Buy . The firm has also raised the target price to ₹2,830 , indicating an upside potential of around 13% from current levels. Jefferies believes that despite recent challenges in the consumer space, Asian Paints could be poised for a contrarian rebound . 1. Sector Struggles May Be Bottoming Out Jefferies highlights that many consumer-facing companies have been hit hard in recent quarters due to sluggish demand, intense competition, and shrinking margins . These headwinds have led to a significant dip in stock prices. However, there are now early signs of recovery in key areas like demand and margins , even though competition remains a concern. Stocks such as Asian Paints, HUL, and Varun Beverages have been identified ...
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OnePlus 13 Launching in India on January 7: Full Specs, Features, and All You Need to Know

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OnePlus 13 Launching in India on January 7: Full Specs, Features, and All You Need to Know OnePlus 13 India Launch Set for January 7: Complete Details Inside Chinese smartphone brand OnePlus is all set to unveil its latest flagship, the OnePlus 13, in India and global markets on January 7, 2025. The device was originally introduced in China in November 2024. As the direct successor to the OnePlus 12, which debuted in India back in January 2024, the OnePlus 13 brings notable upgrades across performance, display, camera, and battery. OnePlus 13: Key Features and Specifications Operating System : Android 15 with OxygenOS 15 on top Display : 6.82-inch 2K+ LTPO AMOLED panel Refresh Rate : Adaptive 1–120Hz Glass Protection : Crystal Shield Super Ceramic Brightness : Up to 1600 nits (typical), 4500 nits (peak) PWM Dimming : 2160Hz high-frequency Processor : Qualcomm Snapdragon 8 Elite Available Variants in China : 12GB RAM + 256GB storage 12GB RAM + 512GB storage ...
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