They are well-liked by investors, are anticipated to keep having a significant impact on industries including AI (artificial intelligence), ML (machine learning), IoT (Internet of Things), AR/VR, big data, language processing, vision and speech algorithms, robots, and blockchain. Deep tech investors in India are most trusted investors.
According to NASSCOM's 2019 study on the Indian digital start-up ecosystem, over 18% of all start-ups in India are involved in deep technology, including blockchain, artificial intelligence, machine learning, the Internet of Things, augmented reality, and virtual reality.
Between 2014 and 2019, around 1,600 deep tech businesses were founded, and they are expanding at a CAGR of 40%.
Across more than 130 agreements, Indian deep tech venture capital investments totalled $1.4 billion in 2021, according to statistics from Venture
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