About Deep Tech sector in India
The Deep Tech sector in India comprises 8.84K companies, including 1.82K funded companies having collectively raised $11.8B in venture capital money and private equity. Out of these, 373 are Series A+ funded, and 7 have achieved unicorn status.
Deep Tech sector in India has seen 104 acquisitions and 46 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 8,842 Deep Tech startups in India which include Newspace Research and Technologies, Sarvam, Lohum, Log9, Miko Technologies. Out of these, 1,821 startups are funded, with 373 having secured Series A+ funding, and 7 achieving unicorn status.
2026 has seen the creation of 448 Deep Tech startups in India. Over the past 10 years, an average of 582 new companies have been launched annually. Notably, several of these startups have been founded by alumni of BITS Pilani, IIT Bombay and IIT Delhi.
Here is the list of top Deep Tech startups in India
Manufacturer of uncrewed aerial systems for military and civilian applications. These systems include hybrid multi-rotor aircraft, tethered electric platforms, and loitering munitions. The technology incorporates intelligent mesh networks and autonomous ground interdiction capabilities. These platforms support parallel task execution and dynamic retasking for various operational requirements.
Key facts about Newspace Research and Technologies
- Founded Year: 2018
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $73.2M
- Investors: Hda Tech Growth, QRG Investments and Holdings and 99 Others
- Latest Funding Round: Series B, Aug 01, 2024, $*****
- Tracxn Score: 77/100 What is this?
- Competitors Rank: 1 of 449 Competitors
2. Sarvam
Developer of artificial intelligence models for speech and document processing. This platform provides application programming interfaces for text to speech, speech to text, translation, and document digitization. It enables the integration of language processing capabilities into software products. The technology supports automated voice agents and content transformation workflows.
Key facts about Sarvam
- Founded Year: 2023
- Location: Bengaluru (India)
- Stage: Series B
- Total Funding till date: $350M
- Investors: Lightspeed Venture Partners, Avvanti Advisors and 16 Others
- Latest Funding Round: Series B, Aug 04, 2026, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 2 of 340 Competitors
3. 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 C
- Total Funding till date: $135M
- Investors: Baring Private Equity Partners, Cactus Partners and 132 Others
- Latest Funding Round: Series C, Jul 28, 2026, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 80 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, Exfinity Venture Partners and 80 Others
- Latest Funding Round: Angel, May 10, 2024, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 23 Competitors
Manufacturer of artificial intelligence robots designed for child educational engagement. These devices facilitate interactive learning through conversational interfaces, games, and educational content. The hardware includes mobile robotic units and automated board game systems that provide structured guidance for skill development. Users manage device settings, usage limits, and safety configurations through a connected software application. The products focus on problem solving, critical thinking, and creative expression for young users.
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 118 Others
- Latest Funding Round: Series D, Aug 16, 2025, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 1 of 100 Competitors
Companies founded year-on-year in the Deep Tech sector in India
448 new startups have been founded so far in 2026 in the Deep Tech sector in India. 686 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 | 448 |
2025 | 566 |
2024 | 622 |
2023 | 648 |
2022 | 668 |
2021 | 686 |
2020 | 593 |
2019 | 604 |
2018 | 554 |
2017 | 432 |
Stage-wise distribution of Deep Tech sector companies in India
Out of the total 8,842 Deep Tech companies in India, 1,821 have secured funding. Among them, 373 have reached Series A or higher, and 211 to Series B or beyond.
Founded - 8,842
Funded - 1,821
Series A+ - 373
Series B+ - 211
Series C+ - 173
Company Stage | No. of companies |
|---|---|
Founded | 8,842 |
Funded | 1,821 |
Series A+ | 373 |
Series B+ | 211 |
Series C+ | 173 |
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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 $10.4B in the last 10 years. The most amount of funding has been in 2026 at more than $2.35B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $2.35B |
2025 | $1.62B |
2024 | $1.61B |
2023 | $937M |
2022 | $1.49B |
2021 | $921M |
2020 | $389M |
2019 | $439M |
2018 | $552M |
2017 | $132M |
Recent Funding Rounds in Deep Tech in India
In the year 2026, till August 2026, Deep Tech companies in India have raised $2.22B in equity funding across 179 rounds.
In the same period last year (i.e. till August 2025), Deep Tech companies in India had raised $861M across 287 rounds.
So, 2026 has seen a 157.23% 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 |
|---|---|---|---|---|
Seed | 3327 | Aug 27, 2026 | ||
Series A | 1449 | Aug 24, 2026 | ||
Series C | 8270 | Aug 21, 2026 | and 2 more | |
Seed | 8989 | Aug 19, 2026 | ||
Seed | 4327 | Aug 12, 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 August 2026, 8 acquisitions happened in Deep Tech sector in India. Last year, in 2025, a total of 15 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 | Aug 24, 2026 | ||
Business Acquisition | Jul 09, 2026 | ||
Business Acquisition | Apr 30, 2026 | ||
Acqui-Hired | Apr 08, 2026 | ||
Business Acquisition | Mar 20, 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 | 8 |
2025 | 15 |
2024 | 7 |
2023 | 14 |
2022 | 13 |
2021 | 13 |
2020 | 3 |
2019 | 12 |
2018 | 5 |
2017 | 2 |
IPOs in Deep Tech in India
In the year 2026, till August 2026, 3 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 |
|---|---|---|
Aug 17, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Aug 11, 2026 | Bombay Stock Exchange (BSE) | |
Jul 15, 2026 | Bombay Stock Exchange (BSE), National Stock Exchange (NSE) | |
Dec 31, 2025 | Bombay Stock Exchange (BSE) | |
Oct 06, 2025 | Bombay Stock Exchange (BSE), 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 Delhi.
College | No. of companies |
|---|---|
BITS Pilani | 144 |
IIT Bombay | 127 |
IIT Delhi | 122 |
IIT Kharagpur | 105 |
IIT Kanpur | 91 |
IIT Madras | 81 |
Indian School of Business | 50 |
IIT Roorkee | 47 |
Anna University | 39 |
IIM Ahmedabad | 34 |
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 Delhi alumni are second, and IIT Kharagpur alumni are third.
College | Total Funding |
|---|---|
IIT Bombay | $1.44B |
IIT Delhi | $950M |
IIT Kharagpur | $816M |
BITS Pilani | $627M |
IIT Madras | $563M |
IIT Kanpur | $511M |
Carnegie Mellon University | $449M |
Stanford University | $398M |
ETH Zurich | $374M |
Harvard Business School | $272M |
Top News in Deep Tech in India
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BitFlow Launches Axion 1xE-DS9T Frame Grabber for Space-Constrained Machine Vision SystemsRoboticstomorrow•Jul 17, 2026•BitFlow, Advantech
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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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