Agnikul Cosmos, Hyperloop startups among IIT Madras ecosystem firms sealing $100 million deals at Bharat Innovates 2026.

Indian Institute of Technology Madras and IITM Global have announced the exchange of seven commercial Memoranda of Understanding (MoUs) between Indian deep-tech startups and international partners, largely from France, along with two institutional MoUs aimed at strengthening global market access, investment flows, and innovation collaboration.

The agreements were signed at the ‘Bharat Innovates 2026’ held in Nice, France.

According to the institute, the combined value creation potential from these partnerships is estimated at nearly US$100 million. The MoUs are expected to support deeper internationalisation of Indian deep-tech startups by enabling technology collaboration and access to overseas markets.