CHART: The fastest-growing Emerging Tech sectors in India's startup funding landscape
It seems like the tides are shifting in the world of investments! While funding for cash-intensive consumer tech and fintech models has hit a bit of a lull, emerging sectors such as electric mobility, artificial intelligence, deep tech, climate tech, and semiconductors are soaring to new heights.
These rising stars have already attracted a whopping $1.58 billion in investments in India within just five months of 2023, according to the Techloy chart below. Behind this dramatic shift is a newfound interest in eco-friendly technologies, as governments push for sustainable practices in manufacturing, emissions monitoring, and renewable energy.
