Financial Express: DeepTech Club - DeepTech startups look to overcome funding challenges



In recent years, startups have caught the imagination of India’s business circles with a few of them even going on to become unicorns. But beyond the aggregator models or SaaS-based enterprises, lies the DeepTech startup ecosystem where that kind of success has been elusive. But DeepTech is also perhaps the final frontier of technology—Artificial Intelligence, Internet of Things, Blockchain, machine learning, cybersecurity, augmented and virtual reality, natural language processing coming together to lead to significant scientific breakthroughs.

Sensing the hurdles prevailing in the DeepTech space, Nasscom had formed the DeepTech Club to enable networking, tech and business mentoring, market access, partnership and investment opportunities for startups. The association recently conducted the third edition of its DeepTech Club in Bengaluru. Some of the DeepTech startups that attended the confluence were Agrima Infotech, Wesense.ai, AutoGenerate.ai, Merak, Senseforth, and Medtra. The confluence kick-started with a 90-minute DeepTech strategy roundtable which was then followed by over 700 pre-matched one-on-one meetings wherein startups got a chance to pitch their ideas to enterprises and investors. Some of the investors that were present at the event were 100x VC, Ah!Ventures, Arali Ventures, Blume Ventures, Lets Venture, Qualcomm Ventures and pi Ventures.

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- 100X.VC Team

Published on: March 11, 2020