Deeptech, solving complex challenges through innovation, has become a cornerstone of India’s technological advancement. To support early-stage deeptech startups, NASSCOM has proposed an ambitious INR 10,000 crore fund, aiming to foster growth, innovation, and global competitiveness.
A Two-Pronged Approach
- High-Growth Markets: Focus on expansive markets like spacetech, EV batteries, biotech, and AI solutions to nurture globally competitive startups.
- National Priorities: Invest in critical technologies like biosafety, defense, quantum computing, agriculture, and climatetech, even in low-commercial potential markets.
Encouraging Private Investment
NASSCOM recommends a matching investment strategy to attract private co-investors, de-risking private capital investments and amplifying the fund’s impact.
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