IndusDC Allocates Rs 100 Crore to Build 5 Deep Tech Startups in 2 Years
IndusDC invests Rs 100 crore to support the development of 5 deep tech startups over the next 2 years. Learn about the initiative’s goals and impact on innovation.
IndusDC, a venture studio, has earmarked Rs 100 crore, or about $12 million, to identify and develop deep-tech startups in India’s industrial and energy sectors in fiscal years 2025 and 2026.
The studio plans to build five startups within the next two years and over 50 startups globally over the next decade, its founders said.
IndusDC, a prominent venture studio known for its innovative approach to nurturing emerging technologies, has announced a substantial investment of Rs 100 crore (approximately $12 million). This strategic funding is aimed at identifying and developing deep-tech startups within India’s industrial and energy sectors over the fiscal years 2025 and 2026.
This bold move underscores IndusDC's commitment to fostering technological advancements in critical sectors that drive economic growth and sustainability. The venture studio’s goal is to establish and support five deep-tech startups in India within the next two years. This initiative is not only a significant investment in the future of industrial and energy technologies but also a testament to IndusDC's vision of becoming a global leader in deep-tech innovation.
Looking ahead, IndusDC's founders have ambitious plans extending beyond the immediate future. Over the next decade, the studio aims to build and support over 50 deep-tech startups globally. This expansive vision reflects the studio’s dedication to creating a robust ecosystem that nurtures cutting-edge technologies and drives progress across various industries.
The focus on deep-tech startups aligns with the growing need for advanced solutions in sectors like industrial automation and energy management. By targeting these areas, IndusDC is positioning itself at the forefront of technological innovation, addressing key challenges, and unlocking new opportunities for growth and development.
This investment marks a significant milestone for IndusDC and highlights its role in shaping the future of deep-tech entrepreneurship. As the venture studio embarks on this journey, it will be interesting to see how its efforts contribute to the evolution of India’s industrial and energy sectors and inspire similar initiatives worldwide.
Stay tuned for updates on how IndusDC’s pioneering investment will unfold and the impact it will have on the global deep-tech landscape.
