What India needs to build globally significant deeptech companies

In just about two decades, the Indian startup ecosystem has grown to become the third largest in the world. The country is now home to more than 100 unicorns - ventures valued at $1 billion or more - and is attracting multi-billion-dollar investments each year.

In an era of deeptech and AI, what role can Indian startups play in a $4-trillion economy that aspires to become a $10-trillion economy by 2032?

Pranav Pai, founding partner and chief investment officer at 3one4 Capital, is optimistic that Indian startups can emulate China’s playbook to build global-scale companies. He says Indian startup founders are hungry and ambitious to harness technology to build novel applications.