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Deeptech To Drive Up To One Third Of VC Funding In India Says Accel
Accel’s Prashanth Prakash projects that deeptech startups - including AI, robotics, quantum tech, and space - could receive as much as one-third of India’s overall venture capital funding in the near future.
The rise is due to stronger conviction among investors about innovation driven by hard-tech, and a growing ecosystem of research-led companies. This shift may alter how capital is allocated in Indian VC, pushing it beyond consumer and fintech models.
Tags:
- startups
- india
M• By Harsh Ranjan
Explore:Mutual Fund AI Screening
positive
Deeptech To Drive Up To One Third Of VC Funding In India Says Accel
Accel’s Prashanth Prakash projects that deeptech startups - including AI, robotics, quantum tech, and space - could receive as much as one-third of India’s overall venture capital funding in the near future.
The rise is due to stronger conviction among investors about innovation driven by hard-tech, and a growing ecosystem of research-led companies. This shift may alter how capital is allocated in Indian VC, pushing it beyond consumer and fintech models.
Tags:
- startups
- india
M• By Harsh Ranjan
Explore:Mutual Fund AI Screening
1 min read
70 words
Accel predicts deeptech could grab ~33% of India’s VC funding soon, driven by AI, quantum and space.
Accel’s Prashanth Prakash projects that deeptech startups - including AI, robotics, quantum tech, and space - could receive as much as one-third of India’s overall venture capital funding in the near future.
The rise is due to stronger conviction among investors about innovation driven by hard-tech, and a growing ecosystem of research-led companies. This shift may alter how capital is allocated in Indian VC, pushing it beyond consumer and fintech models.
Accel’s Prashanth Prakash projects that deeptech startups - including AI, robotics, quantum tech, and space - could receive as much as one-third of India’s overall venture capital funding in the near future.
The rise is due to stronger conviction among investors about innovation driven by hard-tech, and a growing ecosystem of research-led companies. This shift may alter how capital is allocated in Indian VC, pushing it beyond consumer and fintech models.
Tags:
- startups
- india
- startups
- india
- deeptech
- vc
- innovation