Indian deep technology start-ups have become the most sought after bets for angels and venture capital (VC) funds for their potential to scale up rapidly and be able to offer an opportunity for early exit for the investors.
From the last one year, there is a lot of excitement in the investor community to back deep tech companies working on engineering innovation using augmented reality, machine learning and artificial intelligence (AI). While all other start-ups are eagerly looking for funds, investors are searching for AI start-ups that achieved meaningful traction and scalability.
Dinakar Munagala, CEO of deep learning and vision processing start-up