India's Budget 2025-26 cOVEAGE
Presented by:
spot_img

Is DeepTech the Success Mantra for Indian Startups?

Date:

Trending

India is home to the third largest startup ecosystem in the world. Almost every day, a host of disruptive startups emerge from the business parks of Electronic City, Whitefield, Hiranandani Gardens, and others. However, it is undeniable that most of them plummet to a premature death even after raising funds. There is no one who can forget the stories of TinyOwls, StayZilas, and many others. So what seems to be the problem? Lack of creativity, go-to-market strategy, vision or government regulations? The answer to this is entwined in a vexing conundrum. Even the VCs and angel investors shy away from questions like this.

- Advertisement -

When the entire ecosystem is in a fix, let’s venture into this territory and find out if there is a tangible solution or a success mantra that can alleviate the concerns of up and coming startups. To begin with, we need to have a closer look at the changing trends in the startup ecosystem. Initially, when this space was in its teething phase, investors looked for sustainable business models that can be scaled up. However, with the gradual shift and proliferation of DeepTech, the investors are more inclined towards firms delving into this arena.

What is DeepTech?

- Advertisement -

Call it the new industry buzzword or anything you like, DeepTech is the up and coming business model for tech-based startups. Abbreviated from Deep Technology, DeepTech encompasses the revolutionary technologies such as Artifical Intelligence, Machine learning, Internet of Things (IoT), Augmented and Virtual Reality. In recent times, the Indian startup ecosystem has seen a constant rise of DeepTech ventures. In fact, India is the third largest AI startup hub in the world. As per a report by Analytics India, the AI market in India is valued at $180 million. Such astounding figures have coerced the angel investors and VCs to concert their efforts with an aim to accommodate such firms. The average funding for AI startups has reached a mammoth figure of $73 billion from $43 billion within a year. This is a strong hint that DeepTech is the go-to space for emerging startups. And with this technology, they can either create a new marketplace or disrupt the existing ones.

Indian Startups in the DeepTech Space

Realizing the potential of DeepTech, many startups in India, of late, have ventured into this space. Despite the complications (technological and shortage of resource pool), many firms have established themselves as the thought leaders. For instance, the Bangaluru-based healthcare startup Aindra and Artelus use AI and machine learning to make healthcare more affordable and accessible to Indians. On the other hand, Cron Systems provide IoT-based surveillance systems to detect intrusion at the international border. The firm has not just disrupted but revolutionized the international border defense sector. Following the same trend, Cogknit offers an inclusive shopping platform through machine learning while Arya, a rather young FinTech startup has disrupted the insurance and banking sector. The list of successful DeepTech-powered startups is long and with the rise in demand of such technologies, more and more individuals are attracted to this lucrative space.

The Final Word

Admittedly, DeepTech is the most desirable commodity in the tech world and startups vying to become the warlords of the ecosystem need ample intellectual investment to navigate this space. Having said that, being agnostic and identifying a real problem and attempting to solve is the key to success. The entrepreneurs must open themselves to any opportunity and drive it forward if it solves a real-life problem.

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Support our independent journalism PayPal (Outside India) For PayU (For Indian Readers).

Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

Preparing Your Staff To Host A Successful Business Event In Another City

A business event, a convention, and exhibition, a trade show - all of these alternatives, similar as they are, can be truly significant for...

TradeFT Review: Comprehensive Platform Overview 2025

The financial markets are abuzz with some pretty exciting developments as 2025 gets underway, particularly in the world of cryptocurrencies. Not long ago, Bitcoin broke through the $100,000 barrier prelude to a new beginning of growth and possibility for investors. In this exciting environment,...

Income Tax Slabs Revised in Budget 2025-26: Experts Applaud Relief for Salaried Class, VDA Taxation Still a Concern

With income tax exemption raised to ₹12.75 lakh and revisions in tax slabs, the...

Union Budget 2025-26: MSME Leaders Back Investment Limit Hike, Call E-Shram Expansion Crucial

The MSME sector has responded positively to the Union Budget 2025-26, with experts highlighting...

Union Budget 2025-26 Reactions: Education Sector Applauds AI, Skilling Initiatives but Flags Funding Gaps

India’s education sector leaders have responded to the Union Budget 2025-26 with optimism and...

Union Budget 2025: India’s AI Budget Allocation Stirs Mixed Reactions

India’s Finance Minister Nirmala Sitharaman's announcement of a ₹500 crore fund for a Centre...

Union Budget 2025: Medical Education Seats Increased by 130% in 10 Years; 10,000 More to Be Added

Education sector Budget LIVE: Presenting the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced...

Union Budget 2025: Kisan Credit Card Loan Limit Increased to ₹5 Lakh Under Modified Interest Subvention Scheme

Finance Minister Nirmala Sitharaman, in her Union Budget 2025-26 speech, announced an increase in...

From GCC & AI to DeepTech Investments: How Tech Experts React to the Union Budget 2025

Finance Minister Nirmala Sitharaman’s Union Budget 2025-26 has drawn mixed reactions from technology industry leaders, particularly on the government’s push for deep tech and...

Union Budget 2025: IIT Student Strength Doubles, ₹500 Crore AI Education Center Announced

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2025-26 in Parliament today, outlined...

Union Budget 2025 LIVE: FM Sitharaman Announces Reforms in Finance Sector; Increases FDI Limit to 100%

Finance Minister Nirmala Sitharaman, while presenting the Union Budget for 2025-26 in Parliament today,...

Budget 2025 Expectations: Education Sector Call for Investment in Education Infrastructure and Support for Skill Training

With the Union Budget 2025 on the horizon, the education and skill development sector...

AI in Skill Development: What Budget 2025 Should Do to Close the Workforce Skills Gap

India, with its vast pool of young talent, faces a significant challenge: a widening...

Union Budget 2025 Expectations: Hospitality Sector Urges Budget Support for Tourism Growth and Workforce Development

With the Union Budget 2025 on the horizon, hospitality sector leaders are calling for stronger government support to fuel tourism growth. Industry voices highlight...

Cash out Tether USDT to Renminbi in Guangzhou

If you need to quickly and safely Cash out Tether USDT to Renminbi in Guangzhou, then it is best to use the services of electronic exchangers. They provide more convenient, more profitable and safer ways of exchange than alternative methods such as transfers through...

Union Budget 2025 Expectations: Insurance Sector Eyes Tax Incentives, Sops to Expand Health Insurance Reach

As Finance Minister Nirmala Sitharaman prepares to present the Union Budget 2025 on February...

Union Budget 2025: Farming, Agriculture Sector Pushes for Greater Subsidies, Policy Support

With Union Budget 2025 just days away, the agriculture sector is vouching for a...

Gaming Industry Eyes Budget 2025 for Relief on GST and Boosted AVGC Support

With the Union Budget just days away, the gaming sector is growing hopeful that...

Budget 2025: Tax Reforms, Infrastructure Financing, and NBFC Support Top Budget Wishlist

As Budget 2025 approaches, experts from the NBFC, finance, and business sectors are voicing...

Adoption of Low Code Platforms by MSMEs for Operational Efficiency of Their Supply Chains

Micro, small, and medium enterprises are the backbone of the world and account for...

Krikya Bangladesh Casino App Review

The Krikya app delivers a seamless and engaging mobile gambling experience for users of...

Union Budget 2025 Expectations: Housing, Real Estate Sector Call for Middle-Class Relief and Affordable Housing Revival

With just days to go before the Union Budget 2025, leaders from the real...

Luck vs. Strategy: Spinstralia’s Guide to Smarter Gaming for Australians

Online betting has always been a thrilling activity for Australians, a pastime that blends...

EV Sector Call for 5% GST, ITC Reforms, and Enhanced PLI in Budget 2025

As the date for the Union Budget 2025 draws near, the electric vehicle (EV)...

Budget 2025 Expectations: Education Sector Call for Investment in Education Infrastructure and Support for Skill Training

With the Union Budget 2025 on the horizon, the education and skill development sector...

Budget 2025: Pre-Owned Car Market Requests Financing Reforms, Auto Industry Looks for GST Clarity

With the Union Budget just days away, the auto sector is hoping for game-changing...

Budget 2025 Expectations: Semiconductor Industry Looks for Support to Boost Domestic Manufacturing, Incentives, and Innovation Investment

As India's Union Budget 2025 approaches, the semiconductor manufacturing sector is seeking measures to...

BUDGET 2025: Sustainability Sector Hopes for Strong Budget Support to Drive Clean Energy and Circular Economy

As the Union Budget 2025 draws near, expectations are building in the sustainable and...

Solar, Renewable Sector Expects Tax Breaks, Subsidies for BESS & Solar Financing Reform From Budget 2025

As Union Budget 2025 approaches, renewable energy leaders are urging Finance Minister Nirmala Sitharaman...

AI in Skill Development: What Budget 2025 Should Do to Close the Workforce Skills Gap

India, with its vast pool of young talent, faces a significant challenge: a widening...

Luck vs. Strategy: Spinstralia’s Guide to Smarter Gaming for Australians

Online betting has always been a thrilling activity for Australians, a pastime that blends...

REVIEW: PokieSurf Casino Mobile Gaming Experience

If you’re chasing the thrill of online casino no deposit bonus free spins Australia,...

EV Sector Call for 5% GST, ITC Reforms, and Enhanced PLI in Budget 2025

As the date for the Union Budget 2025 draws near, the electric vehicle (EV)...