India Tech Report

Tag: ai

  • Deep tech India momentum: 10 noteworthy developments so far in 2025

    India’s deep tech sector gains momentum through April 2025

    India’s deep tech sector witnessed some serious momentum heading into May. Notably, deep tech startups attracted $324 million in funding in the first four months of 2025, more than double the previous year’s figure for the same period, Economic Times reported, citing data from Venture Intelligence.

    While the absolute number is modest, compared with the leading deep tech hubs of the world, this increase does reflect growing investor confidence, and a gradually maturing ecosystem in India. Now here are 10 noteworthy developments in deep tech in India in 2025, in no particular order.

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    1. Netradyne’s $90 million investment

    Netradyne, an AI-powered fleet management platform, secured $90 million led by Qualcomm Ventures and Point72 Ventures. Their cutting-edge computer vision and deep learning solutions are transforming real-time driver and fleet safety analytics.

    2. SpotDraft’s $54 million raise

    SpotDraft, specializing in AI-based contract management, raised $54 million. Its platform leverages machine learning to automate and optimize legal contract workflows for enterprises in India and beyond.

    3. Infinite Uptime’s $35 million for predictive maintenance

    Infinite Uptime, a predictive maintenance platform, raised $35 million. The company uses IoT and AI to monitor industrial equipment, reducing downtime and boosting operational efficiency.

    4. Tonbo Imaging’s $21 million for defense tech

    Tonbo Imaging, a leader in advanced imaging and sensor systems for defense, secured $21 million. Their technology enhances surveillance, targeting, and situational awareness for the armed forces.

    5. Inspecity’s $19.5 million series A funding

    Inspecity Space, a Mumbai-based startup focused on in-orbit satellite servicing and space robotics, raised $19.5 million in a Series A round led by Nexus Venture Partners. This funding will help accelerate the development of India’s first in-orbit satellite servicing missions.

    6. Agnikul Cosmos: 3D-printed rocket engine advances

    Agnikul Cosmos, incubated at IIT Madras, conducted further advanced tests on its 3D-printed rocket engine. The company’s milestones highlight India’s private space tech capabilities in advanced manufacturing and innovation.

    7. Mindgrove Technologies: indigenous semiconductor breakthrough

    Mindgrove Technologies, a fabless semiconductor startup, successfully taped out its 28nm Secure-IOT chip based on RISC-V architecture. This chip strengthens India’s domestic hardware ecosystem and reduces reliance on imports.

    8. ImmunoAct’s indigenous CAR-T cell therapy

    ImmunoAct, in collaboration with IIT Bombay and Tata Memorial Hospital, developed an indigenous CAR-T cell therapy for cancer. This breakthrough offers advanced, locally developed treatment options for Indian patients.

    9. India’s sovereign AI efforts

    The IndiaAI Mission has now named four startups to build AI models for the country. These are Sarvam AI, Soket AI, Gnani AI and Gan AI. IndiaAI allocated ₹10,372 crore (approx. $1.25 billion) to accelerate AI research and talent development.

    10. Pixxel’s hyperspectral imaging satellites

    Pixxel, a Bengaluru-based space tech startup, is building a constellation of hyperspectral imaging satellites. These will provide high-resolution, real-time imagery for agriculture, climate monitoring, and disaster response, positioning India as a leader in commercial space applications.

  • India’s AI and deep tech opportunity, Jua raises funding for Earth simulation, and a New Mexico deep tech coalition

    India poised to become global leader in AI and deep tech, say experts

    India is at a pivotal moment to lead the world in artificial intelligence and deep tech, leveraging its vast digital data resources, according to global experts at the India Global Innovation Connect 2025 in Bengaluru, Times of India reports.

    Speakers highlighted India’s strategic advantage in data, the need for deeper process reforms, and urgent educational changes to prepare for quantum and AI-driven futures.

    Industry leaders emphasized that integrating AI into enterprise systems will be a key competitive edge, unlocking productivity and growth. India’s momentum positions it as a potential global hub for technological breakthroughs in the coming decade.

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    Accenture and NVIDIA partner to help AI startups scale enterprise solutions

    Accenture has announced an expanded initiative, in collaboration with NVIDIA Inception, to help high-potential AI startups transition from breakthrough ideas to scalable enterprise solutions, the tech services and consulting giant said in a press release.

    The program will provide startups with market intelligence, technical workshops, and access to Accenture’s industry expertise and NVIDIA’s developer ecosystem.

    The first phase targets marketing and customer experience AI solutions, aiming to accelerate innovation and enterprise readiness. The partnership is designed to bridge the gap between innovation and market impact, supporting startups in delivering meaningful, industry-wide transformation.

    AI, blockchain, and IoT to boost climate tech innovation in 2025

    Emerging technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT) are revolutionizing climate tech in 2025, AppInventiv, an on-demand software developer, notes in a blogpost.

    AI is enabling smarter sustainability by optimizing energy use, managing emissions, and building climate resilience. Blockchain is enhancing transparency in carbon credit trading and emission tracking, while IoT devices provide real-time environmental monitoring for air, water, and soil quality.

    These tools are empowering startups to create scalable, transparent, and effective solutions for global sustainability challenges, opening new opportunities for impact and profitability in climate action.

    Zurich startup Jua raises €10M to launch AI-based Earth simulation platform

    Jua, a Zurich-based climate tech startup, has secured €10 million in Series A funding to accelerate the rollout of its AI-based Earth simulation platform, Tech Startups reports. The platform uses proprietary physics-based models to forecast weather and energy market dynamics, helping energy companies and other industries make better planning decisions.

    The round was co-led by Ananda Impact Ventures and Future Energy Ventures, with existing backers also participating. Jua claims its Earth Intelligence platform is the world’s most advanced in its category, promising to enhance climate and energy risk forecasting for commercial applications.

    Leading venture funds launch coalition for deep tech investment in New Mexico

    A new coalition for deep tech investment has been launched by leading venture funds in partnership with Roadrunner Venture Studios and the New Mexico State Investment Council, Quantum Insider reports. The initiative aims to bridge the gap between frontier science in laboratories and the venture capital needed to commercialize world-changing ideas.

    Organizers emphasize that deep tech startups require different support structures compared to traditional startups, focusing on long-term, high-impact innovations in fields like quantum computing, advanced materials, and climate solutions.

  • India’s AI GPU capacity, Tata’s strategic investments, Wipro’s CTO on quantum technologies

    India’s AI GPU capacity, Tata’s strategic investments, Wipro’s CTO on quantum technologies

    India’s AI GPU capacity hits 34,000 units

    India’s national compute capacity has surpassed 34,000 GPUs, significantly boosting the IndiaAI Mission’s efforts to strengthen indigenous AI capabilities, the union government’s ministry of electronics IT said in a statement on Friday last.

    At the ‘IndiaAI – Make AI in India, Make AI work for India’ event, Union Minister Ashwini Vaishnaw announced the selection of three new startups to build India-specific Foundation Models, aiming for global leadership. The mission is also expanding AI datasets. Additionally, winners of the IndiaAI I4C CyberGuard AI Hackathon were recognized for developing AI solutions to enhance cybercrime complaint classification.

    Tata Sons $3.5 billion plan for strategic emerging businesses

    Tata Sons will inject Rs. 30,000 crore, or about $3.5 billion, into its emerging ventures—including Tata Digital, Tata Electronics, Air India, and its defence and battery units, to step up their next growth phase, Economic Times reports. This is on top of a $120 billion commitment in recent years, aims to help these businesses prioritize execution and achieve profitability by FY27. Tata Digital is soon expected to get a new CEO, according to ET.

    TCS, Google Cloud see opportunity in India’s sovereign cloud

    India’s drive for digital sovereignty is fueling rapid growth in sovereign cloud services, creating a multi-billion-dollar opportunity for both local and foreign tech giants. Tata Consultancy Services and Google Cloud are among those seeking an early lead in tapping this demand, with government agencies increasingly seeking to store sensitive data on domestic platforms, Mint reports.

    Wipro CTO: expect significant advances in quantum computing soon

    Quantum computing technologies will see significant advances in under a year, Sadhya Arun, chief technology officer at Wipro, told Economic Times in a recent interview. At Wipro, the Indian IT services company is advancing quantum computing through its Quantum Leap program, working with clients in sectors such as life sciences and supply chain to develop proof-of-concepts, according to ET.

    Worldwide, quantum computing commercialization is accelerating, with 2025 marking a pivotal year as industries begin adopting early-stage quantum solutions. The global quantum technology market is projected to reach $4.89 billion in 2029 from $1.88 billion in 2025, driven by advances in hardware, software, and cloud-based services, according to the State of the Global Quantum Industry Report, published by the Quantum Consortium.