Nasscom Product Connect has now transformed to
nasscom deep tech signifying a powerful transition that
mirrors our evolution and reaffirms our commitment to the world of
deep tech. This change is an exciting development that reflects the
industry's commitment to driving deep tech innovation and growth in
the Indian technology sector. Delving into the realms of deep tech,
this ambitious move aims to drive the development of deep tech
products across the Indian IT ecosystem and enable it to compete on
a global scale.
Patient capital, understanding of the technology, and timing are the
most critical elements of deep tech financing. Investors in this
domain need to have a strong understanding of deep tech, so they can
truly appreciate its lifecycle and support the startups with a
co-creation mindset. Academia and corporates will act as enablers in
providing research guidance and opportunities for commercialization
of products and services. And finally active support from the
government in providing regulatory support and ease of doing
business becomes equally important for the sector’s growth in India.
The nasscom Deep Tech Council is actively collaborating with the
industry to orchestrate the convergence of the ecosystem,
establishing a structured avenue for the provision of patient
capital support to deep tech startups. This concerted effort holds
paramount significance for both parties, as it bolsters the deep
tech ecosystem and solidifies the industry’s position as
trailblazers in championing the Indian deep tech revolution.