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India’s DeepTech Start-ups – The Next Big Opportunity

March 15, 2021 3824 0 Product/Startups

India’s DeepTech Start-ups – The Next Big Opportunity

“India’s DeepTech Start-ups – The Next Big Opportunity” highlights the current status of Deeptech in India and how it has shaped up in recent years. The study also deep-dive into the Deeptech ecosystem covering key trends that are driving the growth of this sector in India and the key priorities.

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Key Highlights

Growing Deeptech Base

·       DeepTech Start-up Base in India Growing at >40% CAGR over 4 years

·       No. of start-ups leveraging deeptech grown by 3.5X since 2017

·       2X growth in funding raised by deeptech start-ups since 2017

 

DeepTech Dominance Gets Deep Rooted

·       AI and IoT Accounts For 2/3rd Of The DeepTech Start-ups

·       Enterprise, HealthTech, FinTech, Industrial & Manufacturing – Quickest Adopters

·       Investor Trust & Interest In DeepTech Start-ups On The Rise

 

Key Priorities & Way Forwards

·       Priorities: Funding. Skilling, Mentoring and Partnerships & Collaborations

·       Future of DeepTech- Scalable, Innovative and Transformational Solutions

·       New innovations: Manufacturing automation, super apps, platform technologies etc.

Community by nasscom Insights is focused on building the largest online community catering to the Indian technology sector. The purpose of the community is to bring the latest trends and discussions onto a single platform. Our passion for tech drives the free-flowing exchange of ideas and visions from industry leaders and game-changers across India.



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