Independent report

India Deeptech VC Comparison

India's deeptech VC ecosystem (Speciale, Shastra, Ankur, pi Ventures) collectively manages less capital than a single mid-sized US sector fund - yet they are the only pools backing India's defence, space, and semiconductor startups

SectorVenture Capital (DeepTech)
StageSeed to Series B
PublishedMay 15, 2026

Authors and reviewers: Janvi (Research Analyst), Reena (Research Reviewer), Anurag (Senior Research Reviewer).

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