SEDEMAC Hits ₹1,000 Cr Revenue, Doubles Post-IPO — SkimNews
Get the Tech newsletter
Daily tech — startups, AI labs, chips, the launches that shape the next decade. Free.
- SEDEMAC reached over Rs 1,000 crore in annual revenue as a deeptech startup founded on technology developed at IIT Bombay
- SEDEMAC raised Rs 1,087 crore through its IPO earlier this year, marking one of the significant public market entries by an Indian deep-tech firm
- Shashikanth, a professor at IIT Bombay, led the founding and growth of SEDEMAC from a university lab to a publicly listed company
- SEDEMAC's stock has grown over 100% since its IPO, reflecting strong investor confidence in its technology and business model
Why it matters: Indian deep-tech startups rarely achieve both scale and market validation—SEDEMAC’s Rs 1,000+ crore revenue and post-IPO performance prove that homegrown science-led ventures can compete with global peers. This shift benefits academic entrepreneurs and signals a maturing innovation ecosystem where lab-born ideas translate into market success.
Ask SkimNews
