Brief by Shorts91 Newsdesk / 02:38pm on 20 Jun 2024,Thursday Business
India has surged to sixth place globally among deeptech ecosystems with 3,600 startups, receiving $850 million funding last year, reports Nasscom. Over 480 startups were launched in 2023, double the number from 2022, with a focus on AI and new domains like space-tech and healthtech. Notable startups include Agnikul and HealthPlix. Nasscom emphasizes the potential of AI, quantum computing, and robotics across sectors like education and agriculture. Challenges remain for India to reach the top three, including access to patient capital and deeper R&D partnerships. The deeptech policy tabled in 2023 aims to bolster this innovative sector.
