About Deep Tech sector in India
The Deep Tech sector in India comprises 7.86K companies, including 1.78K funded companies having collectively raised $11.3B in venture capital money and private equity. Out of these, 364 are Series A+ funded, and 6 have achieved unicorn status.
Deep Tech sector in India has seen 103 acquisitions and 40 IPOs.
This sector includes companies that are developing products based on innovative technology and scientific developments such as blockchain, AI, advanced robotics, IoT , etc.
Deep Tech sector is also known as DeepTech, Deep-Tech, Digital Deep or Deep Technology Solutions.
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. Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among others.
Top Deep Tech Companies in India
There are 7,857 Deep Tech startups in India which include Miko Technologies, Lohum, Statiq, Log9, Battery Smart. Out of these, 1,780 startups are funded, with 364 having secured Series A+ funding, and 6 achieving unicorn status.
2026 has seen the creation of 208 Deep Tech startups in India. Over the past 10 years, an average of 501 new companies have been launched annually. Notably, several of these startups have been founded by alumni of BITS Pilani, IIT Bombay and IIT Kharagpur.
Here is the list of top Deep Tech startups in India
Manufacturer of interactive educational robots designed for child learning development. These devices provide access to games, stories, and educational content focused on problem solving, critical thinking, and social interaction. The hardware includes automated movement capabilities and integrated light displays to facilitate engagement. Users manage device settings and content access through a mobile application. The product line includes various models and accessories intended to support skill building in science and mathematics.
Key facts about Miko Technologies
- Founded Year: 2015
- Location: Mumbai (India)
- Stage: Series D
- Total Funding till date: $102M
- Investors: Chiratae Ventures, IvyCap Ventures and 120 Others
- Latest Funding Round: Series D, Aug 16, 2025, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 1 of 21 Competitors
2. Lohum
Sustainable critical minerals and advanced materials producer. It is focused on strengthening global supply chains through innovative recycling, refining, and resource recovery technologies. Supporting the energy transition, advanced electronics, healthcare, aerospace, and industrial sectors, the organization delivers high-purity materials including lithium, nickel, cobalt, copper, zinc, silicon, rare earth elements, and platinum group metals. It helps businesses achieve regulatory compliance, material traceability, and circular economy goals. Through advanced recovery processes, digital transparency systems, and a commitment to sustainability, the organization is driving resource independence, reducing waste, and creating a reliable supply of critical materials for a net-zero future.
Key facts about Lohum
- Founded Year: 2018
- Location: Noida (India)
- Stage: Series B
- Total Funding till date: $111M
- Investors: Baring Private Equity Partners, Cactus Partners and 130 Others
- Latest Funding Round: Series B, Jul 06, 2026, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 75 Competitors
3. Statiq
Manufacturer of electric vehicle charging hardware and operator of networks. This business produces alternating current and direct current charging equipment for residential and commercial use. It provides software systems to manage, monitor, and optimize charging infrastructure performance. The hardware supports various power capacities to accommodate different vehicle battery requirements. Users access the charging infrastructure through a mobile application to locate stations, initiate sessions, and process payments.
Key facts about Statiq
- Founded Year: 2020
- Location: Gurugram (India)
- Stage: Series A
- Total Funding till date: $45.5M
- Investors: Shell, Y Combinator and 9 Others
- Latest Funding Round: Conventional Debt, Feb 18, 2026, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 262 Competitors
4. Log9
Online platform offering advanced battery technology solutions for electric vehicles. It is an innovative nanotechnology company specializing in the production of graphene based materials and the development of advanced battery solutions.
Key facts about Log9
- Founded Year: 2015
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $90.3M
- Investors: Amara Raja Group, Amara Raja Energy & Mobility and 79 Others
- Latest Funding Round: Angel, May 10, 2024, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 22 Competitors
Network providing battery swapping services for electric two three wheelers. This infrastructure allows operators of electric vehicles to exchange depleted batteries for fully charged units at designated stations. The system facilitates continuous vehicle operation by eliminating long charging wait times. The service model supports the adoption of electric mobility by providing access to energy storage units for compatible transport vehicles.
Key facts about Battery Smart
- Founded Year: 2019
- Location: Delhi (India)
- Stage: Series B
- Total Funding till date: $157M
- Investors: Tiger Global Management, LeapFrog Investments and 48 Others
- Latest Funding Round: Conventional Debt, Jul 09, 2026, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 42 Competitors
Companies founded year-on-year in the Deep Tech sector in India
208 new startups have been founded so far in 2026 in the Deep Tech sector in India. 658 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 | 208 |
2025 | 259 |
2024 | 508 |
2023 | 607 |
2022 | 624 |
2021 | 658 |
2020 | 582 |
2019 | 597 |
2018 | 546 |
2017 | 428 |
Stage-wise distribution of Deep Tech sector companies in India
Out of the total 7,857 Deep Tech companies in India, 1,780 have secured funding. Among them, 364 have reached Series A or higher, and 203 to Series B or beyond.
Founded - 7,857
Funded - 1,780
Series A+ - 364
Series B+ - 203
Series C+ - 159
Company Stage | No. of companies |
|---|---|
Founded | 7,857 |
Funded | 1,780 |
Series A+ | 364 |
Series B+ | 203 |
Series C+ | 159 |
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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 $9.98B in the last 10 years. The most amount of funding has been in 2026 at more than $1.7B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.7B |
2025 | $1.59B |
2024 | $1.64B |
2023 | $916M |
2022 | $1.62B |
2021 | $999M |
2020 | $409M |
2019 | $440M |
2018 | $555M |
2017 | $115M |
Recent Funding Rounds in Deep Tech in India
In the year 2026, till July 2026, Deep Tech companies in India have raised $1.62B in equity funding across 140 rounds.
In the same period last year (i.e. till July 2025), Deep Tech companies in India had raised $785M across 223 rounds.
So, 2026 has seen a 106.28% rise in funding in Deep Tech companies in India as compared to 2025.
Here are some recent, important funding rounds in Deep Tech companies in India:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 2527 | Jul 14, 2026 | ||
Series A | 8145 | Jul 13, 2026 | ||
Seed | 7337 | Jul 09, 2026 | ||
Series D | 7286 | Jul 08, 2026 | - | |
Seed | 4328 | Jul 07, 2026 |
Top Investors in Deep Tech in India
SOSV is the top investor in Deep Tech companies in India based on number of companies invested.
Here are some top investors in Deep Tech companies 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) |
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M&A activity in Deep Tech sector in India
In the year 2026, till July 2026, 9 acquisitions happened in Deep Tech sector in India. Last year, in 2025, a total of 13 acquisitions happened in Deep Tech sector in India.
Here are some recent, important acquisitions in Deep Tech sector in India:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 09, 2026 | ||
Business Acquisition | Jun 01, 2026 | ||
Business Acquisition | May 28, 2026 | ||
Business Acquisition | Apr 30, 2026 | ||
Acqui-Hired | Apr 08, 2026 |
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 | 9 |
2025 | 13 |
2024 | 7 |
2023 | 14 |
2022 | 12 |
2021 | 13 |
2020 | 3 |
2019 | 13 |
2018 | 5 |
2017 | 3 |
IPOs in Deep Tech in India
In the year 2025, till December 2025, 6 IPOs happened in Deep Tech sector in India.
Here are some recent, important IPOs in Deep Tech sector in India:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 31, 2025 | Bombay Stock Exchange (BSE) | |
Oct 06, 2025 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Sep 30, 2025 | National Stock Exchange (NSE) | |
Apr 02, 2025 | National Stock Exchange (NSE) | |
Feb 19, 2025 | National Stock Exchange (NSE) |
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 | 133 |
IIT Bombay | 121 |
IIT Kharagpur | 96 |
IIT Delhi | 95 |
IIT Kanpur | 84 |
IIT Madras | 73 |
IIT Roorkee | 41 |
Indian School of Business | 38 |
Anna University | 35 |
IIM Ahmedabad | 33 |
Total funding in Deep Tech companies founded by alumni from top colleges in India
In the last 10 years, IIT Bombay graduates' Deep Tech companies in India have raised the most funding among top colleges. IIT Kharagpur alumni are second, and IIT Madras alumni are third.
College | Total Funding |
|---|---|
IIT Bombay | $1.31B |
IIT Kharagpur | $806M |
IIT Madras | $720M |
IIT Delhi | $661M |
BITS Pilani | $512M |
IIT Kanpur | $450M |
Carnegie Mellon University | $385M |
ETH Zurich | $299M |
Stanford University | $260M |
Columbia University | $231M |
Top News in Deep Tech in India
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Reliance Subsidiary Strand Life Sciences Patents Blood Test for Early Cancer DetectionUdaipur Kiran•Jul 07, 2026•Strand Life Sciences
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Addverb at 10: From Automating Warehouses to Building the Future of Physical AICyberMedia India Online•Jun 24, 2026•Addverb
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Statcon Energiaa and Ram Raja Solar Power Green Energy Form PartnershipElectronicsforyou•Jun 15, 2026•Statcon Energiaa
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Movate and Leena AI Partner to Advance AI-Led Employee ExperienceMedia Bulletins•Jun 02, 2026•Movate, Leena AI
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Powered by Silicon Labs, Comminent Ships 500,000 Wi-SUN ModulesPR Newswire•May 21, 2026•Comminent, Silicon Labs
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Datar Cancer Genetics Receives US FDA Clearance for CellDx-Tissue Genomic Profiling AssayBusinessFortNight•May 14, 2026•Datar Genetics
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Nagarro and Addverb Technologies Partner for Robotic Automation SolutionsExpress Computer•May 11, 2026•Nagarro, Addverb
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Starcoin enters non-binding memorandum of understanding with Marvel NiceStock Screener•Apr 01, 2026•Starcoin, Marvel Entertainment
