Indian tech startups are enjoying a period of sustained success. The Pandemic, a tape-cutting Government budget, and record-levels of investment has spurred the subcontinent’s tech-heavy sectors to dizzying growth. Deep-tech, such as AI, is one sector particularly that has taken centre stage, and as UK deep tech investment rose by 17% in 2020 according to Tech Nation, the highest rate of growth in the world, British investors and British tech firms are looking to follow suit.
Data by research firm Venture Intelligence shows Indian deep-tech startups have raised a total of $174 million across 11 deals in the first quarter of 2021, 68% higher than last year, and 357% more than 2018. This industry includes some of the most important and future-facing sectors imaginable, such as robotics, alternate energy storage, electric vehicles, climate tech, enterprise tech, and space tech.
India’s entrepreneurial spirits, particularly within technologies, is nothing new. It is the third biggest startup community in the world according to Nasscom, and the third biggest FinTech ecosystem…
