India’s deep tech sector has experienced substantial growth in 2023 and 2024, marked by a rise in new startups and funding, propelled by favorable government policies and advancements in artificial intelligence (AI). The surge in investments has been notable, but industry founders stress the importance of developing a mature ecosystem with strong demand and consistent capital flow. Despite the progress, challenges such as lengthy research and development (R&D) cycles and a limited domestic market remain significant concerns for entrepreneurs in the sector. This growth underscores India’s potential as a hub for deeptech innovation and investment, with the need for continued support and infrastructure development to sustain this momentum.