While consumer tech continues to dominate corporate-backed funding rounds for Indian startups, sectors with deep tech affiliations are seeing rapid growth in India.

Masataka Otomo will be part of newly established Toyota Invention Partners, which focuses on Japanese mobility tech startups.

After two decades at Honda, Akihito Yuzuriha is taking a director role in SMBC’s new VC team.

Qualcomm has been investing in India for 17 years and says now there is a clear shift by investors and entrepreneurs to sectors like chips, robotics, AI and quantum.

After a rough few years for healthcare investment, the exits market is opening up and healthcare admin, AI and data are catching investor’s eyes.

Investment in defence startups is increasing rapidly with many nations developing their own critical technology supply chains.

The new $96m fund means the Japanese mobile phone operator now committed more than $350m to startup investments.

The newly independent CVC will focus on AI, machine learning and other deep tech.

Many of the new CVC units were launched by Asian corporates in Japan, China and Korea.

Keita Nakanishi has spent more than 25 years in engineering roles at the corporate in Japan.