6th globally, India has 3,600 deeptech startups with $850M funding last year, doubled since 2022, focusing 74% on AI for future growth.

India ranks 6th globally with 3,600 deeptech startups, receiving $850 million in funding last year, according to a Nasscom report. The number of deeptech startups has doubled since 2022, with 74% of new startups in 2023 focusing on AI. To maintain this growth and reach the top three, India needs to focus on patient capital, R&D partnerships with academia, and implementing a deeptech policy.

June 20, 2024
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