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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...
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