Mint Primer: Why India needs to make inroads into deep tech
1 day, 5 hours ago

Mint Primer: Why India needs to make inroads into deep tech

Live Mint  

Deep Tech encompasses groundbreaking ideas rooted in science and engineering, tackling major global challenges. However, a new playbook is emerging for deep tech startups, according to a report titled ‘India’s Deep Tech Revolution’, by venture firms Speciale Invest and Oister Global. Deep tech is attracting more capital, with investors like Peak XV, Blume Ventures, and Pi Ventures betting on innovations in cell manufacturing, green hydrogen, space and manufacturing. Globally, the US leads in deep tech startups, followed by China, with India ranking among the top 10. The Indian deep tech sector ranks ninth among well-funded countries globally that include Israel, Japan, Sweden, Germany and the US.

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History of this topic

India’s startup scene is picking up speed again
1 month, 1 week ago

India’s startup scene is picking up speed again

Hindustan Times  

Visitors to Bangalore, India’s tech hub, quickly learn why locals measure distances in minutes and not kilometres. India’s startup scene has had a difficult few years, as funding dried up and once high-flying firms crashed back down to earth. In January the banking arm of Paytm, an Indian fintech giant, was ordered by India’s central bank to stop all services …

Tech Titans' Tightrope Dance: India's AI Ambitions and Global Tech Giants
1 month, 3 weeks ago

Tech Titans' Tightrope Dance: India's AI Ambitions and Global Tech Giants

Live Mint  

India's growing prominence on the global tech stage is attracting industry heavyweights, though not without friction. The country's IT sector is globally renowned not just for its scale but also for its deep expertise in computer science. However, India recognizes that achieving self-reliance requires collaboration with global tech giants. The government's push aligns with Modi's vision of Viksit Bharat (Progressive …

Tech Titans Flock to India: A Strategic Play for the Future of AI
1 month, 3 weeks ago

Tech Titans Flock to India: A Strategic Play for the Future of AI

Live Mint  

Top tech executives are visiting India to explore opportunities for co-creating intellectual properties in tech, as India is the second-largest developer base in the world after the US. With vast sections of the world’s developer ecosystem either based in India or originating in the region, a concerted effort from the Centre is pushing Indian firms to build foundational technologies. This …

India will explore building large language models: Principal Scientific Advisor Ajay Sood
1 year, 2 months ago

India will explore building large language models: Principal Scientific Advisor Ajay Sood

The Hindu  

India will set up a “high powered committee” to explore the development of large language models or LLMs, tools that harness artificial intelligence to create applications that can understand and process human language, the Union government’s Principal Scientific Advisor Ajay Sood said on Wednesday. ‘Fund of funds needed’ The office of the Principal Scientific Adviser had put out a draft …

Why deep pocketed investors shy away from deep tech startups
1 year, 3 months ago

Why deep pocketed investors shy away from deep tech startups

The Hindu  

Mansoor Rahimat Khan, co-founder of Bengaluru-based generative AI start-up Beatoven.ai, is currently in San Fransisco trying to raise a series A round of funds for his company. The generalist investment firms also lack a portfolio of deep tech companies which would have helped with risk amortization,” Dr. Anandkumar adds. “If deep tech is not going to get me better than …

Deep tech startups taking brave risks
1 year, 4 months ago

Deep tech startups taking brave risks

The Hindu  

The Great Indian Startup Boom of the last decade, led by young entrepreneurs and catalysed by the government’s Startup India movement, created an environment of entrepreneurship in India. The successes at IIT Madras’s Research Park, which has incubated over 200 deep tech companies cumulatively valued at over ₹50,000 crore including those in space and aviation; the C-CAMP, which has in …

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt
1 year, 7 months ago

India Under Spotlight As Tech Giants Ramp Up AI Talent Hunt

ABP News  

The demand for data scientists, machine learning specialists, and skilled engineers is rapidly increasing due to an AI hiring frenzy taking place around the world. India's tech industry is built on a plentiful supply of affordable workers, and now, even the world's most populous nation is running out of the skilled engineers, data scientists, and machine-learning specialists that companies are …

‘Many innovations were born at Samsung’s India R&D unit’
1 year, 8 months ago

‘Many innovations were born at Samsung’s India R&D unit’

Live Mint  

NEW DELHI :Samsung Semiconductor India Research has been instrumental in driving the global innovations of its parent Samsung Electronics, with products like the groundbreaking Exynos chip, the world’s first 108-megapixel camera, and a host of advanced phone sensors. Volatile memories such as static random access memory and dynamic random access memory need power to store data, but non-volatile memory does …

India could play the catalyst for tech innovation across the world
2 years, 4 months ago

India could play the catalyst for tech innovation across the world

Live Mint  

Over the past few decades, India has played a decisive role in serving as an innovation powerhouse of the world. Several factors, including India’s focus on technology and service delivery, ease of doing business, world-class infrastructure, favourable demographics, a vibrant startup ecosystem and a vast pool of digital talent, allow us to strategically position India as the innovation nerve centre …

The US and India have a lot of work to do on digital cooperation
3 years, 5 months ago

The US and India have a lot of work to do on digital cooperation

Al Jazeera  

As tensions escalate between US social media giants and India’s gov’t, is there a more productive path forward for both? India also stands to gain from more cordial relations with US tech behemoths, said Rahguraman, by helping New Delhi check neighbouring China’s influence at home and abroad, including in the digital domain. “You need an entire office just to deal …

India adds 1600 tech startups in 2020: Nasscom
3 years, 10 months ago

India adds 1600 tech startups in 2020: Nasscom

Live Mint  

India added more than 1,600 tech startups in 2020, making it the third-largest tech startup hub in the world, industry body Nasscom said in its Strategic Review 2021 titled ‘New World: The Future is Virtual’. Indian tech contributed about 8% relative share to the national gross domestic product, despite headwinds in 2020, with 52% relative share in services exports and …

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