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India’s Deep Tech: AI and Biotech Lead Boom

February 16, 2024
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  • AI and Biotechnology Dominate Funding: AI and biotechnology sectors have received 80% of India’s total investments in deep science technology since 2010, with advanced materials also gaining significance.
  • Post-COVID-19 Surge in Biotech Investments: The biotechnology sector in India saw nearly $900 million in investments from 2013 to 2023, particularly in therapeutics, diagnostics, and sustainable agri-food technologies.
  • Robust Growth in Deep Science Tech Investments: Investment in India’s deep science technology startups is projected to surpass $10 billion by 2029, demonstrating strong growth and investor confidence.

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