IIT Bombay professor leads SEDEMAC to 1,000‑crore IPO

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AI-generated summary of the coverage listed below: Professor Shashikanth of IIT Bombay founded SEDEMAC, a deep‑tech company that achieved Rs 1,087 crore in IPO proceeds and now reports annual revenue exceeding Rs 1,000 crore. The company’s shares have risen more than 100% since the IPO.

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