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Karnataka wants tech growth beyond Bengaluru with new innovation orchestration centers

Karnataka wants tech growth beyond Bengaluru with new innovation orchestration centers

Karnataka’s State Planning Commission is proposing a push to decentralize the tech ecosystem beyond Bengaluru, targeting tier-II and tier-III cities. The roadmap includes Karnataka Innovation Orchestration Centers designed to accelerate deeptech incubation and R&D, aiming to help the state emerge as a global benchmark for technology-driven development.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Chiratae Ventures pledges 10 million dollars to five deeptech startups through Sonic DeepTech programme

Chiratae Ventures pledges 10 million dollars to five deeptech startups through Sonic DeepTech programme

Chiratae Ventures will commit $10 million to five deeptech startups chosen from its inaugural Sonic DeepTech programme. The firm says up to $2 million in seed funding comes with unusually fast decision timelines as short as 48 hours. Focus areas range from energy and robotics to applied AI, bio health and space technologies, with select companies spanning nanosatellite infrastructure to serverless data lakes and audio-visual AI agents.

Summarised by Beize from a story on YourStory on 8 May 2026

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Karnataka plots big commercial space push with shared testing and manufacturing parks

Karnataka plots big commercial space push with shared testing and manufacturing parks

Karnataka wants to become a major hub for commercial space innovation, backed by a DeepTech Decade vision for its SpaceTech sector. The plan includes setting up common testing facilities and manufacturing parks to cut time and costs for startups and MSMEs, strengthening India’s fast-growing new-space ecosystem.

Summarised by Beize from a story on The Economic Times on 7 May 2026
VCs pivot to early-stage deeptech as big bets stall across India

VCs pivot to early-stage deeptech as big bets stall across India

Indian venture capital is increasingly backing smaller early-stage deeptech deals, particularly in AI, healthcare, and precision manufacturing, while growth-stage funding stays subdued. Even as large commitments remain cautious, multiple significant rounds are reportedly lining up, suggesting investor appetite may be preparing for a rebound as the deeptech ecosystem matures.

Summarised by Beize from a story on The Economic Times on 7 May 2026
IIT Madras opens US center in California to turbocharge Indian deeptech startups

IIT Madras opens US center in California to turbocharge Indian deeptech startups

IIT Madras Global Research Foundation has launched its first US center in Menlo Park, California, signaling a major push to strengthen India’s deep-tech ecosystem. The center is designed to connect Indian deeptech startups with international capital and market access, positioning the institute as a gateway to global opportunities and partnerships.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Shark Tank India Featured Ctruh Raises 2.5 Million Seed to Build Spatial Internet Infrastructure

Shark Tank India Featured Ctruh Raises 2.5 Million Seed to Build Spatial Internet Infrastructure

Bengaluru deep-tech startup Ctruh has raised a $2.5 million Seed round led by Inflection Point Ventures to build the infrastructure layer for the spatial internet. Backed by multiple Indian funds and angels, it plans R&D for a proprietary browser-native 3D engine and VersaAI generative AI platform, while scaling go-to-market in the US and UAE. Ctruh also gained visibility on Shark Tank India.

Summarised by Beize from a story on Startup Talky on 1 May 2026

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Finvolve backs Vikra Ocean Tech with 1 million to build India first indigenous ocean robotics stack

Finvolve backs Vikra Ocean Tech with 1 million to build India first indigenous ocean robotics stack

Finvolve and India Accelerator have invested $1 million in Chennai deeptech startup Vikra Ocean Tech to scale India’s first fully indigenous ocean robotics stack. The funding will boost manufacturing, expand sales to defence and PSUs, and build recurring revenue via services and maintenance. Vikra’s modular ecosystem spans ROVs, ASVs, amphibious crawlers, and AI-enabled imaging, backed by defence iDEX grants and a 2000-meter-rated camera system.

Summarised by Beize from a story on IndianWeb2 on 30 Apr 2026
Optimized Electrotech raises ₹35 Cr to move defense imaging into space surveillance

Optimized Electrotech raises ₹35 Cr to move defense imaging into space surveillance

Deeptech startup Optimized Electrotech has raised ₹35 Cr in a round led by Exfinity Ventures to expand into space-based sensing. The firm says it will build satellite systems, grow its defense and security presence, and scale AI-enabled imaging for continuous real-time surveillance. Founded in 2017, it serves the Indian Army and Navy and works with ISRO, with initial satellite orders already secured.

Summarised by Beize from a story on Inc42 on 30 Apr 2026
Young leaders redesign mobility and Capital A bags Rs 160 crore for deeptech and manufacturing bets

Young leaders redesign mobility and Capital A bags Rs 160 crore for deeptech and manufacturing bets

Indian cities are getting a new mobility push from youth, with YLAC’s Mobility Champions Program training students to run audits, campaigns, and research that have already improved accessibility on campuses. Meanwhile, Capital-A has made the first close of its Fund II, raising Rs 160 crore to back early-stage manufacturing and deeptech startups, aiming for up to Rs 300-400 crore.

Summarised by Beize from a story on YourStory on 28 Apr 2026
Capital A raises Fund II first close at ₹160 crore to target deeptech climate and fintech

Capital A raises Fund II first close at ₹160 crore to target deeptech climate and fintech

Capital A has marked the first close of its Fund II at ₹160 crore, aimed at startups across manufacturing, deeptech, climate tech, and fintech. Launched in 2024, the manufacturing-focused fund targets ₹300 crore with a greenshoe to reach ₹400 crore. The firm expects to back 17 to 20 startups with $2–$3 million tickets, drawing capital from family offices, HNIs, and domestic institutional platforms.

Summarised by Beize from a story on Inc42 on 27 Apr 2026

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Capital-A raises first Rs 160 crore for Fund II betting on manufacturing and deeptech

Capital-A raises first Rs 160 crore for Fund II betting on manufacturing and deeptech

Capital-A has secured the first close of Rs 160 crore for its Fund II, with investors largely coming from India. The round was anchored by prominent domestic participants including Srikar Reddy of Sonata Software, Siddharth Bafna of Lodha & Co, and former Amazon technology director Sekhar Boddu, alongside multiple family offices and the Anand Rathi Group. The fund targets manufacturing and deeptech.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Women remain underrepresented in India deeptech as entry roles hit 0 to 10 percent

Women remain underrepresented in India deeptech as entry roles hit 0 to 10 percent

An Indeed survey finds women remain sharply underrepresented in India’s deeptech sector, with entry-level representation ranging as low as 0–10% at many firms. While job-seeking stays steady, structural hurdles limit career progression and create pay perception gaps. Employers largely agree workplace setups shape opportunity access, but few have corrected compensation—raising the need for transparent, bias-free evaluations.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Government launches Fund of Funds 2.0 with Rs 10000 crore for deeptech startups

Government launches Fund of Funds 2.0 with Rs 10000 crore for deeptech startups

The government has notified the establishment of Fund of Funds 2.0, a Rs 10,000 crore second tranche aimed at mobilising venture capital. The programme will focus on deeptech and tech-driven innovative manufacturing startups, along with early-growth stage enterprises, seeking to accelerate funding and scale for more ambitious, technology-led companies.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India Accelerator brings a 15 million dollar fund to Saudi Arabia for scaling Indian startups

India Accelerator brings a 15 million dollar fund to Saudi Arabia for scaling Indian startups

India Accelerator is expanding to Saudi Arabia with a $15 million fund to help Indian startups scale in the Kingdom. Backed by NTDP, the program will focus on AI, sustainability, EV, proptech and deeptech, supporting market entry and growth. Each cohort will back only 8–10 startups, with the first batch set to begin in March 2026.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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South Korea launches Rs 6000 crore Unicorn Growth Fund backing Indian AI deeptech gaming startups

South Korea launches Rs 6000 crore Unicorn Growth Fund backing Indian AI deeptech gaming startups

KRAFTON, Naver, and Mirae Asset Venture Investments have launched a Rs 6,000 crore Unicorn Growth Fund to fund India’s fastest-growing tech startups. Announced after a New Delhi ministerial meeting, it will back AI and software, deeptech, gaming and creator economy, and consumer internet. Beyond capital, founders gain direct access to Korean product, architecture, and scaling pathways.

Summarised by Beize from a story on Know Startup on 24 Apr 2026
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