IIT Madras Global Research Foundation has launched its first US centre in Menlo Park, California, to boost deep-tech innovation and startup incubation. With USD 7.5 million investment, it aims to connect Indian startups to global capital and markets, strengthen India-US tech collaboration, and expand with a second centre planned on the US East Coast.
Washington: The Indian Institute of Technology Madras Global Research Foundation has announced the establishment of its first centre in the United States, expanding India’s deep-tech innovation footprint into global ecosystems.
The announcement of the centre at Menlo Park in California, which was launched on April 24, was made at the SelectUSA Investment Summit at National Harbour in Maryland near here on Tuesday.
“The Menlo Park centre, enabled through our partnership with CA Startups, is a strategic anchor for IITM Global’s US operations,” Thirumalai Madhavnarayan, CEO of the IIT Madras Global Research Foundation, told PTI.
“With a focused investment approach, we aim to build a platform that accelerates deep-tech ventures from lab to global markets, while also attracting global innovation into India,” he said.
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