An entrepreneurial leap by IIT-Bombay professor Shashikanth Suryanarayanan has turned into a windfall as his stake in Sedemac Mechatronics is valued at nearly Rs 1,000 crore ahead of its IPO. Former students-turned-cofounders are also set to reap significant gains as the deeptech firm heads to the market.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets