3one4 Capital: Deeptech firms facing cash crunch despite govt push

India’s deep tech ecosystem is growing, but a lack of capital is slowing down the progress of early-stage startups in the sector, according to a report by venture capital firm 3one4 Capital.

While the government has identified deep tech as a “national priority”, the report highlights that funding remains concentrated in consumer internet startups, leaving sectors such as artificial intelligence, semiconductors, and clean mobility underfunded.

Long development cycles, high research and development costs and regulatory hurdles in deep tech demand…