India’s deep tech sector has experienced significant growth in 2023 and 2024, fueled by supportive policies and advancements in artificial intelligence. The surge in new ventures and funding has been a key driver of this expansion. However, founders are underscoring the importance of a mature ecosystem that ensures consistent demand and capital flow. Despite the increase in investments, challenges such as lengthy research and development cycles and the absence of a strong domestic market persist. As the sector continues to evolve, stakeholders are looking for solutions to address these obstacles and further propel India’s deeptech industry forward.
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India’s Deeptech Sector Thrives in 2023-2024 with Funding Boost and Policy Support, Founders Emphasize Ecosystem Maturity
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