VCs moving into deeptech as India’s startup space matures: Zerodha’s Nithin Kamath

Venture capital (VC) firms in India are now focussing on startups offering “more challenging, complex” solutions as the entrepreneurial ecosystem in the country matures, Zerodha cofounder Nithin Kamath said in a social media post on Friday.

Following VC investments in ecommerce and fintech, “the easy opportunities are largely gone now,” the Zerodha chief executive pointed out. “You truly have to do something special to make VC-like returns. Result? A noticeable shift towards more challenging, complex areas, such as deeptech.”

Venture…