About Deep Tech sector in India
Companies included in Deep Tech
Includes companies implementing technologies like blockchain, artificial intelligence, computer vision, robotics, nanotechnology, IoT into their products. Also includes companies providing infrastructure to develop blockchain, AI, IoT technology such as development tools, smart contracts, and sensor technology, among others.Companies excluded in Deep Tech
Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among othersTop Deep Tech Companies in India
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of AI-powered robots designed as companions for children’s learning | Mumbai (India) | 2015 | Series D | $102M | |
Developer of scalable blockchain interoperability protocols | George Town (Cayman Islands) | 2017 | Series B | $451M | |
Online platform offering advanced battery technology solutions for electric vehicles | Bengaluru (India) | 2015 | Series B | $90.3M | |
Network of electric vehicle chargers and related software solutions provider | Gurugram (India) | 2020 | Series A | $45.5M | |
Autonomous driving solutions for vehicles | Pune (India) | 1990 | Public | - |
Companies founded year-on-year in the Deep Tech sector in India
7 new startups have been founded so far in 2026 in the Deep Tech sector in India. 641 Deep Tech startups in India were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 7 |
2025 | 328 |
2024 | 496 |
2023 | 597 |
2022 | 609 |
2021 | 641 |
2020 | 579 |
2019 | 594 |
2018 | 531 |
2017 | 422 |
Stage-wise distribution of Deep Tech sector companies in India
Out of the total 7,504 Deep Tech companies in India, 1,722 have secured funding. Among them, 354 have reached Series A or higher, and 199 to Series B or beyond.
Company Stage | No. of companies |
|---|---|
Founded | 7,504 |
Funded | 1,722 |
Series A+ | 354 |
Series B+ | 199 |
Series C+ | 155 |
Funding Trends in the Deep Tech sector in India
Total funding year-on-year in the Deep Tech sector in India
The Deep Tech sector in India saw a total funding of more than $9.86B in the last 10 years. The most amount of funding was in 2022 at more than $2.12B. There has been a total funding of $967M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $967M |
2025 | $1.47B |
2024 | $1.58B |
2023 | $1.06B |
2022 | $2.12B |
2021 | $1.03B |
2020 | $484M |
2019 | $521M |
2018 | $541M |
2017 | $82.9M |
Recent Funding Rounds in Deep Tech in India
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 7284 | Apr 14, 2026 | ||
Series A | 1753 | Apr 09, 2026 | ||
Seed | 5247 | Apr 08, 2026 | ||
Seed | 6885 | Apr 08, 2026 | and 2 more | |
Seed | 1202 | Apr 07, 2026 |
Top Investors in Deep Tech in India
Investor | Location | Top Portfolio Companies |
|---|---|---|
New York City (United States) | ||
Menlo Park (United States) | ||
Palo Alto (United States) | ||
London (United Kingdom) | ||
Redwood City (United States) |
M&A activity in Deep Tech sector in India
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Acqui-Hired | Apr 08, 2026 | ||
Business Acquisition | Mar 20, 2026 | ||
Business Acquisition | Mar 18, 2026 | ||
Business Acquisition | Feb 24, 2026 | ||
Business Acquisition | Dec 22, 2025 |
Acquisition trends in Deep Tech sector in India
Here are the acquisition trends in Deep Tech sector in India:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 4 |
2025 | 14 |
2024 | 7 |
2023 | 15 |
2022 | 12 |
2021 | 12 |
2020 | 3 |
2019 | 13 |
2018 | 5 |
2017 | 3 |
IPOs in Deep Tech in India
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 31, 2025 | Bombay Stock Exchange (BSE) | |
Sep 30, 2025 | National Stock Exchange (NSE) | |
Apr 02, 2025 | National Stock Exchange (NSE) | |
Feb 19, 2025 | National Stock Exchange (NSE) | |
Jan 30, 2025 | Bombay Stock Exchange (BSE) |
Colleges which produce the most Deep Tech companies in India
Companies founded by alumni from top colleges in the Deep Tech in India
Most number of Deep Tech startups in India have been founded by alumni from BITS Pilani, IIT Bombay and IIT Kharagpur.
College | No. of companies |
|---|---|
BITS Pilani | 140 |
IIT Bombay | 122 |
IIT Kharagpur | 94 |
IIT Delhi | 92 |
IIT Kanpur | 86 |
IIT Madras | 73 |
Indian School of Business | 55 |
IIT Roorkee | 48 |
Anna University | 38 |
IIM Ahmedabad | 35 |
Total funding in Deep Tech companies founded by alumni from top colleges in India
In the last 10 years, BITS Pilani graduates' Deep Tech companies in India have raised the most funding among top colleges. IIT Bombay alumni are second, and Columbia University alumni are third.
College | Total Funding |
|---|---|
BITS Pilani | $772M |
IIT Bombay | $734M |
Columbia University | $731M |
IIT Madras | $697M |
IIT Kharagpur | $687M |
Stanford University | $495M |
IIT Delhi | $471M |
IESE Business School | $451M |
IIT Kanpur | $402M |
Yale University | $364M |