India Commits $25 Billion to Boost Deep Tech Startup Ecosystem
India has announced a significant investment of $25 billion to enhance its deep tech startup ecosystem, aiming to compete with global technological advancements. This includes $11 billion from a government research and development infrastructure fund, with the remainder expected from venture capital and private equity. The first cohort of 22 projects, including 13 deep-tech initiatives, has already received backing.
Want more?
Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.
Open NewsSnap.ai