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 …
New Delhi: The government is working on a new policy to financially support deep-tech startups so that India can be globally competitive in technology as well as boost its space, defence, energy, medical sciences and pharmaceuticals capabilities, Ajay Kumar Sood, chairperson of the Prime Minister’s Science, Technology and Innovation Advisory Council, and principal scientific advisor to the government, said in …
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 …
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 …