- “Quoting NASSCOM data, many reports said about 18 per cent of 1,300 Indian start-ups launched in 2019 are leveraging deep-tech. This is a big leap from 8 per cent in 2014, recording 40 per cent compound annual growth rate in the past five years.
- While India has 27 unicorns, none of them are from the deep-tech space. The Indian deep-tech market is far behind other countries such as China, Japan and the US.”
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