It’s Friday today, and also as the first week of India Tech Report ends, I wanted to bring you all some kind of a wrap, and I thought why not look at what’s happened in India in deep tech so far this year. So, let’s get started.
The daily brief
India’s deep tech sector witnessed some serious momentum heading into the last month of the first half of the year. Notably, deep tech startups attracted $324 million in funding in the first four months of 2025, more than double the previous year’s figure for the same period, Economic Times reported, citing data from Venture Intelligence.
While the absolute number is modest compared with the leading deep tech hubs of the world, this increase does reflect growing investor confidence, and a gradually maturing ecosystem in India. Now here are 10 noteworthy developments in deep tech in India in 2025, in no particular order.
1. Netradyne’s $90 million investment
Netradyne, an AI-powered fleet management platform, secured $90 million led by Qualcomm Ventures and Point72 Ventures. Their cutting-edge computer vision and deep learning solutions are transforming real-time driver and fleet safety analytics.
2. SpotDraft’s $54 million raise
SpotDraft, specializing in AI-based contract management, raised $54 million. Its platform leverages machine learning to automate and optimize legal contract workflows for enterprises in India and beyond.
3. Infinite Uptime’s $35 million for predictive maintenance
Infinite Uptime, a predictive maintenance platform, raised $35 million. The company uses IoT and AI to monitor industrial equipment, reducing downtime and boosting operational efficiency.
4. Tonbo Imaging’s $21 million for defense tech
Tonbo Imaging, a leader in advanced imaging and sensor systems for defense, secured $21 million. Their technology enhances surveillance, targeting, and situational awareness for the armed forces.
5. Inspecity’s $19.5 million series A funding
Inspecity Space, a Mumbai-based startup focused on in-orbit satellite servicing and space robotics, raised $19.5 million in a Series A round led by Nexus Venture Partners. This funding will help accelerate the development of India’s first in-orbit satellite servicing missions.
6. Agnikul Cosmos: 3D-printed rocket engine advances
Agnikul Cosmos, incubated at IIT Madras, conducted further advanced tests on its 3D-printed rocket engine. The company’s milestones highlight India’s private space tech capabilities in advanced manufacturing and innovation.
7. Mindgrove Technologies: indigenous semiconductor breakthrough
Mindgrove Technologies, a fabless semiconductor startup, successfully taped out its 28nm Secure-IOT chip based on RISC-V architecture. This chip strengthens India’s domestic hardware ecosystem and reduces reliance on imports.
8. ImmunoAct’s indigenous CAR-T cell therapy
ImmunoAct, in collaboration with IIT Bombay and Tata Memorial Hospital, developed an indigenous CAR-T cell therapy for cancer. This breakthrough offers advanced, locally developed treatment options for Indian patients.
9. India’s sovereign AI efforts
The IndiaAI Mission has now named four startups to build AI models for the country. These are Sarvam AI, Soket AI, Gnani AI and Gan AI. IndiaAI allocated ₹10,372 crore (approx. $1.25 billion) to accelerate AI research and talent development.
10. Pixxel’s hyperspectral imaging satellites
Pixxel, a Bengaluru-based space tech startup, is building a constellation of hyperspectral imaging satellites. These will provide high-resolution, real-time imagery for agriculture, climate monitoring, and disaster response, positioning India as a leader in commercial space applications.
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