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India's DeepTech Dawn: Forging Ahead

Indian DeepTech startup landscape is expanding rapidly. Despite a sharp decline in funding in 2023, the Indian DeepTech startup ecosystem continued to see a lot of activity including new startup emergence across both established and emerging hubs, collaborations & partnerships, patents etc. Despite making significant strides, this ecosystem need more support to thrive and compete globally.

This study, Indian DeepTech Startup Landscape Report - 2023, provides readers with insights into various aspects, and highlights areas in which Indian DeepTech startups need support, thus aiding stakeholders in taking informed decisions.

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Key Findings

01

  • Discussion on factors that led to this sudden increase in investments in DeepTech startups globally over the past 3 years
  • Overview of key sectors receiving funding in DeepTech startups along with some challenges that DeepTech startups are trying to solve across them
  • Capturing the shift in technology focus of global DeepTech startups in the post-pandemic era
02

  • Comparing the performance of Indian DeepTech startup ecosystem with that of 8 other leading ecosystems
  • Comparing the strength of Indian DeepTech startups’ enabling ecosystem with that of 8 other leading ecosystems
03

  • Breaking down the number of new DeepTech startups incepted in India in 2023 by their nature (inventive vs innovative), technology focus, and location.
  • Detailed analysis of funding trends in the Indian DeepTech startup landscape, and a comparison of how some of these trends compare with those across the overall Indian tech startup ecosystem
  • Understanding the role of incubators/accelerators in supporting the Indian DeepTech startups
  • Unearthing the key trends across the Indian DeepTech startup landscape with respect to investor participation, M&As, and patents
04

  • Gauging the pulse of the Indian DeepTech startup ecosystem to understand the key challenges various stakeholder categories face while operating in this space
  • Understanding what interventions the stakeholders in the Indian DeepTech startup ecosystem want from the government to address their challenges
  • 5 recommendations from nasscom to the government for better supporting the Indian DeepTech startup ecosystem.

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