IndigoTex raises Rs 5 crore from IAN Angel Fund for deeptech textile manufacturing

IIT Delhi-originated textile deeptech startup IndigoTex closed a Rs 5 crore round led by IAN Angel Fund with participation from SIDBI and IIT Angels, per Entrackr. Deeptech with manufacturing or infrastructure plays is attracting government-backed and angel capital; if you're building manufacturing-scale tech, ecosystem support via government funds and angel syndicates is now viable.

Source: Entrackr ↗