Tech
Indian deeptech funding to cross $5 billion mark over next 5 years: Report
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India’s deep tech funding is set to reach over $5 billion on an average in just five years, said Ravi Jain, investment director of venture capital firm TDK Ventures, while releasing a report on the outlook of the country’s deeptech industry.
“Over the last few years, the investment in the deeptech sector in India has been approximately $1.5 billion, on average,” said Jain. “We believe that this should be over $5 billion in just five years time.”
TDK Ventures, a subsidiary of TDK Corporation, in partnership with early-stage investing firm
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