deeptech

News and Trends

growX Ventures Launches Fund II with a Target Corpus of INR 400 Cr

Fund II aims to target early-stage and growth-stage investments, backing 20–24 startups in deeptech sectors. It plans to deploy INR 10 crore in seed and INR 20–30 crore in Series B rounds.

News and Trends

Deeptech Startups in Vogue, Attract Strong Investor Interest in Last 5 Years

45 per cent of startups in India originate from tier-II and -III cities, a noteworthy trend, backed by the need to solve local problems, diverse funding options, improved infrastructure, robust digital payments systems, and digital-first business models

News and Trends

Indian Inc to Prioritise AI, Security & Advanced Tech

While 2023 saw a slowdown in IT investment, 2024 will be all about growth fueled by digital transformation, says a report by IDC

News and Trends

India's GenAI Startups Attract Cumulative Funding of over $750 Million Since 2023: Nasscom

The total number of GenAI startups surged 3.6 times, from over 66 in the first half of CY23 to more than 240 by the first half of 2024.

News and Trends

Deep Tech, Semiconductors, and Electronics Emerge As Pivotal Sectors in Startups: IvyCap Founder

India's semiconductor and electronics startup ecosystem is also witnessing rapid growth due to favorable government policies like the Production Linked Incentive (PLI) scheme and a growing demand for electronics and chip design.

News and Trends

Capital A Launches INR 400 Cr Second Fund to Support High-Growth Startups in Manufacturing, Deeptech, and Climate

The firm plans to support 17-20 companies, with cheque sizes ranging from USD 750K to USD 1 million for initial investments and USD 2-3 million over the lifecycle of the startups.

News and Trends

Yotta's Newly Launched Shambho Accelerator Program to Boost 3,600 Deeptech Indian Startups

At the heart of the Shambho Accelerator Program is Yotta's Shakti Cloud, a high-performance computing platform powered by NVIDIA's H100 Tensor Core GPUs, designed specifically for AI and HPC workloads.

News and Trends

Funding Remains the Biggest Challenge for Indian Deeptech: Nasscom and Zinnov

The report shared deep insights into the emerging scenes within the Indian tech-eco system, especially in deep-tech, challenges, future and other crucial insights into the funding behavior around the sector.

Technology

Five Industries Set to Revolutionize in India Utilizing AI and Deep Tech

AI and Deep Tech are experiencing a huge surge in the Indian market, surpassing the e-commerce boom of the mid-2010s

Tecnología

Las cinco áreas de la tecnología que liderarán las tendencias en 2024

A medida que avanza la adopción de la IA, otras áreas de la tecnología se preparan para continuar generando transformación en empresas de todo tipo.

Finance

Airavat Capital's USD 40 Million Global Tech Fund Aims to Back Deeptech and SaaS Companies

The global technology fund, which will operate out of GIFT City (Gujarat International Finance Tec-City), is targeting only listed companies and will generally hold 15-20 companies at any given time.

News and Trends

Kalaari Backed Mozark Raises Venture Debt From BlackSoil

The investment is in line with BlackSoil's investment strategy of focusing on new-age businesses in the deeptech sector

News and Trends

RACEnergy Secures $3 Million In Equity And Debt Funding

The company will utilize the total fund raised to develop its battery-swapping technology and build new facilities to support its growing operations

Technology

Deeptech Experts on ChatGPT and the Future of AI in India

Generative AI, IP creation, IP creation and the future of deeptech were some of the topics discussed as part of a session at the recently concluded Entrepreneur India's Tech & Innovation Summit 2023 in Bengaluru

News and Trends

Deeptech Recycling Startup Metastable Materials Raises Seed Funding

The new funding will be channelled into recruitment to support Metastable's manufacturing and industrial engineering functions, as well as for managing its supply chain and day-to-day operations