Deep tech in focus as Startup India enters phase-II on January 16

The government will launch the second phase of Startup India programme on January 16 with a focus on deep technology startups, said officials. These startups will work in areas including semiconductor chips and related research and design areas, quantum and high-performance computing, artificial intelligence and cybersecurity, they said.

“The first phase was all about consumer internet and consumption or service-based startups. In the next wave, in India and globally, startup innovation and value are going to come from deep tech. They will be fewer but much more valuable,” said one of the officials, who did not wish to be identified.