Deeptech is the 'final frontier' for the Indian startup ecosystem, according to Rajan Anandan, managing director of Peak XV Partners.
India is currently leading in sectors like fintech, ecommerce, and quick commerce, but is just beginning to focus on deeptech.
Anandan expressed confidence in India's success in deeptech, citing the country's engineering talent pool, growing economy, and favorable government policies.
VC firm Peak XV Partners actively invests in deeptech, including semiconductor, space, battery recycling, biosciences, and AI startups.