India’s deeptech seed deals surge 5.3X in 8 years, lag behind global averages: Report

Quick Summary:

The report highlighted emerging trends in India’s advancing deeptech space, identifying high-impact sectors spanning green hydrogen, GenAI, advanced manufacturing, space tech, and biotechnology as the primary drivers of this growth.

However, deeptech startups in India face challenges such as high capital intensity, technology validation, and market adoption risks.

However, despite this growth, the average Indian seed cheque remains approximately 50% lower than the global average, highlighting the need for further investments to compete globally.

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Article Details

Author / Journalist: Bhuvana Kamath

Category: StartupsEconomyBusiness

Markets: India

Topics: Global Report Space Green Tech Hydrogen India’s Capital Seed Policy Deeptech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 09:55:37 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 27 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24547071

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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News Last Updated: 8 hours ago

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