Innovation meets reality: Why deep-tech startups in India struggle to scale
Deep-tech startups in India face significant challenges as they strive to scale amidst a rapidly evolving ecosystem. Despite the country's recognition for consumer-oriented innovations, such as fintech and e-commerce, there is a pressing need for advancements in deep technologies like artificial intelligence, quantum computing, and biotechnology. Key obstacles include a lack of risk-friendly capital, lengthy research and development cycles, and a domestic market that is still maturing in its readiness for advanced technologies. Additionally, the talent pool is often misaligned, with a shortage of specialists in the foundational sciences necessary for deep-tech innovation. As the landscape evolves, fostering an environment that supports these startups will be crucial for transforming India's scientific potential into competitive business ventures.
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