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Economic Times
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World Economic Forum features 10 Indian startups as Tech Pioneers; spacetech wins big
- The World Economic Forum (WEF) has recognized 10 Indian startups among its 2025 cohort of 100 'Technology Pioneers,' focusing on breakthrough solutions in sectors like space tech and electric mobility.
- India's representation highlighted its growing role in the global deep tech ecosystem, with space startups being the largest segment.
- Startups like Agnikul Cosmos, Digantara, and GalaxEye were commended for their contributions in space launches, space situational awareness, and earth observation technologies.
- The recognition from WEF is anticipated to attract more global investor interest in India's expanding space economy.
- The selected startups will engage with WEF's platforms to participate in global discussions on technology, sustainability, and inclusive growth.
- Notable Indian startups like Agnikul, GalaxEye, and The ePlane Company, incubated at IIT-Madras, are at the forefront of innovation in space tech and electric mobility.
- The ePlane Company is developing electric flying taxis to address urban congestion.
- Suyash Singh, founder of GalaxEye, expressed motivation from the acknowledgement, emphasizing the importance of their work in earth observation amidst growing demand for geospatial data.
- Other Indian startups in the cohort include Exponent Energy, CynLr, Freight Tiger, SolarSquare, Dezy, and Equal, recognized for their work in energy, robotics, freight, solar energy, AI-driven diagnostics, and data sharing.
- Speciale Invest, a venture capital firm backing four of the selected startups, sees this recognition as a milestone for India's rise as a deeptech leader, reflecting boldness and innovation emerging from India.
- The Technology Pioneers community consists of early-stage companies from 28 countries, with strong representation from Europe, China, and India as significant tech innovation hubs.
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