India's Deep Tech Shifts from Hype to Commercial Reality, Experts Say

• India's deep tech ecosystem is maturing, shifting focus from grand narratives to revenue visibility, IP-led innovation, and execution discipline.
• Deep tech funding rose 25.8% to $1.57 billion in 2025 YTD, primarily in early-stage rounds, despite a broader tech sector decline.
• Generative AI, drones, and space technology are leading segments, attracting significant investment due to rapid advances and enterprise adoption.
• Investors now prioritize revenue quality, repeat contracts, and strong unit economics, favoring startups solving mission-critical problems with integrated solutions.
• Government policies (RDI fund, Deep Tech Fund of Funds) and corporate partnerships are crucial enablers for long-term growth and commercialization.

Why It Matters: India's deep tech is now about proven commercial viability, demanding performance and patience from startups.