- Published on May 7, 2025
- In Deep Tech
Indian VCs Want to Invest in Deep-Tech Startups Despite Govt Skepticism
“We need to continuously invest at a private level and at a government level.”
Image by Diksha Mishra
- By Sanjana Gupta
India’s startup ecosystem is evolving beyond just app building and IT services, with venture capitalists now backing startups building hardware, AI, robotics, and even space infrastructure. Deep tech, long considered risky and niche, is now attracting attention, capital, and cultural validation.
At Startup Mahakumbh 2025 in New Delhi, commerce minister Piyush Goyal urged Indian startups to shift focus from convenience apps like food delivery to deep-tech innovations like AI and semiconductors, sparking a heated debate. While some investors agreed on the need for ambition, investors like Kushal Bhagia, founder at All In Capital, also defended their investments (like PierSight and Bellatrix), highlighting India’s global edge.
“There’s never enough tech investments. There’s ne
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Sanjana Gupta
An information designer by training, Sanjana likes to delve into deep tech and enjoys learning about quantum, space, robotics and chips that build up our world. Outside of work, she likes to spend her time with books, especially those that explore the absurd.
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