Karnataka announces ₹600 crore deep-tech fund to boost AI and startups

The government of Karnataka unveiled a ₹600 crore fund targeted at deep-tech, artificial-intelligence and startup innovation today. The programme aims to support local founders, R&D initiatives, incubators and venture funds to position the state as India’s deep-tech capital. Officials said the fund will be operational in Q4 2025, with seed-to-Series­A support and industry-academia partnerships. The move signals growing public-sector backing for India’s high-growth startup ecosystem and the increasing role of frontier technologies.