While consumer tech continues to dominate corporate-backed funding rounds for Indian startups, sectors with deep tech affiliations are seeing rapid growth in India.
India has been known for its consumer tech for well over a decade, with unicorn-valued startups in ecommerce, food delivery, home services and social platforms. But the Indian venture capital sector is undergoing a transition, with a noticeable shift of VC capital investment to enterprise tech, AI and deep tech in the past two years – indicating a new level of maturation in the sector. Corporate investment patterns are mirroring this trend.
