Also in the letter:
■ ETtech Done Deals
■ Blackbuck Q1 results
■ Bengaluru’s tech dominance
Startup success stories encourage college incubators to double down

When Ather Energy hit the public markets, few celebrated more than IIT Madras. Its incubation cell, which backed the electric two-wheeler with just Rs 29 lakh, suddenly held a stake worth Rs 50 crore. That…








