In the 2nd International Telugu International Conference, 2012, which happened in Visakhapatnam, Sri K. Roshaiah released 15 new Telugu Unicode fonts, among spell checker for Telugu and other things. I have not tried all of these yet. But, you can download the fonts and try yourself:
- Andhra Pradesh Government released 9 fonts in the names of Sri Krishnadevaraya and 8 of his poets. And, SiliconAndhra sponsored 6 fonts. Download them here, here, and here.