While the sector is all the rage and is being touted as the future of tech investing in India, the inherent nature of deep tech is posing unique funding challenges.
Deep tech is the flavour of the season in India.
Almost every venture capital firm—small and big, new and old—has its eyes fixated on the sector and the startups therein, ones that are backed by scientific innovation. Over the past six months, some big statements have been made and many firms are now only raising money on the back of the promise that Indian deep tech’s time has come. That the sector that has traditionally only operated in the shadows is now mainstream. And that the wide spectrum of startups here—artificial intelligence, semiconductors, satellites, rockets, drones, medical devices and even …
Sethu writes on all things technology at The Morning Context. He previously worked as a senior sub-editor at Indian Express.
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