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DEEPTECH STARTUP 2023
Avammune’s big bet: Why the future of cancer treatment may come in a pillAs global oncology races toward next-generation therapies, Avammune Therapeutics is betting on affordable, orally administered immunotherap...
India's brain-gain moment may be starting with a crack in the American dreamAs green card backlogs, visa uncertainty and layoffs reshape the American dream, India is emerging as a stronger destination for globally e...
Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...
Data spills at home; Green card limbo deepensHappy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more...
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
Scoop: Ex-Peak XV trio launches Mettle Capital, targets $350–400 million fund to back Indian startupsThree former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fu...
IIT Madras incubates over 100 startups, files 431 patents in innovation pushIIT-Madras has achieved a significant milestone in deep-tech entrepreneurship. The institute incubated over 100 startups for the second yea...
Rainmatter has invested over Rs 1,500 crore in 160+ startups: Nithin KamathKamath said that Zerodha has invested 10% of what it earns in startups and another 10% in social development through Rainmatter, and added ...
Mixx Technologies raises $33 million from ICM HPQC, TDK Ventures, othersMixx Technologies, a California-based deeptech startup, raised $33 million to develop optical interconnects for faster, efficient AI and hi...
Tax vax on non-tech VC funding?India's startup ecosystem, despite being the third largest globally, disproportionately favors consumer-tech over deep-tech innovation like...
Tech startup funding rose 23% in 2024, deeptech saw 78% boost: Nasscom reportIndian tech startup funding increased by 23% to $7.4 billion in 2024, with deeptech startups raising $1.6 billion. The number of new startu...
Budget 2025: Tech industry bats for deeptech fund, tweaks in safe harbour rules' thresholdFor the $250 billion export-led Indian IT industry, the Budget comes amid continued global macro headwinds, geopolitical risks, and growing...
Union Budget 2025: India’s rise as a global innovation leader with deep tech in focusIndia Budget: India's DeepTech ecosystem is on the brink of significant growth, driven by advancements in AI, blockchain, and other technol...
Seed funding drops 25% in 2024 as VCs retreatSeed funding in India experienced a 25% decline in 2024, while overall startup funding increased by 6% to $11.3 billion, according to Tracx...
Deep-tech startups must explore alternative funding options, says VC reportIndian deep tech startups have seen a 5.3 times increase in average seed check size over the past eight years, fueled by government initiat...
India, take a deeptech breathIndia's energy landscape is being reshaped by a surge in deeptech startups, fueled by government initiatives and robust investor confidence...
DeepTech’s steady rise: A promising frontier for VCs and investorsFor venture capital firms like Aeravti Ventures and Capital-A, DeepTech is not just a promising investment category—it represents the futur...
Karnataka to create deep-tech innovation cluster in Bengaluru: IT-BT minister KhargeAiming to address the gaps in core deep-tech areas in the country, such as artificial intelligence and machine learning, robotics and autom...
India added 174 GenAI startups in one year: Nasscom reportThe report highlighted that despite being in an early stage, India’s GenAI startups have attracted over $750 million in cumulative funding ...
70% of Indian startups bet big on AI to fuel growth: ReportAs many as 70% of startups are investing in artificial intelligence (AI) to enhance product capabilities and internal efficiencies, accordi...