India is poised for a tech leap

I have made several big bets on India over the past 25 years of my career as a technology executive and investor. 

When we set up our deep tech venture firm Celesta Capital in 2013, we were looking for investments in India from Day One. At that time, few other investors were pursuing deep tech within India and it was difficult to find promising companies. One of the biggest challenges was the lack of a robust ecosystem of experienced tech entrepreneurs who had built consequential global businesses. Without this, we met a lot of founders who were not tackling big problems in those days. We saw many companies developing what I would call evolutionary rather than revolutionary products. 

This has now changed significantly. A lot of this shift has been spurred along by companies such as AgniKul Cosmos, GalaxEye, ideaForge, Tonbo Imaging and others. These relatively early pioneers in their various sectors are developing products that solve big problems, not just in India, but around the world. These don't look like other companies anywhere else in the world.

In an entrepreneurial ecosystem, if you see some people tackling big problems and experiencing success, it is infectious. Most of these founders are young, aggressive, and exuberant, and they move forward with First Principles thinking.

Today, I believe India is well-positioned to grow into a deep tech hub for decades to come. Read more about why I believe India is poised to play a vital role in the global deep tech ecosystem of the future: https://lnkd.in/gNhfpR5W 

Shaastra, IIT Madras Shaastra Magazine IIT Madras