Investments in artificial intelligence (AI) and deep tech sectors are gaining strong momentum in India, with AI's share in venture capital (VC) funding rising to about 12 per cent from under 5 per cent in 2020, according to a report by India Deep Tech Alliance.
Industry leaders say India is moving from a services-led economy to a product-driven one as deep technology becomes a major area for investment. Chiratae Ventures Founder and Chairman Sudhir Sethi and India Deep Tech Alliance Chair and Managing Partner of Celesta Capital Arun Kumar believe t
On National Startup Day, Minister for Railways, Information & Broadcasting, Electronics & Information Technology, Ashwini Vaishnaw took to X to talk about the expansion of India's deep-tech startup ecosystem driven by focused policy and funding support.