You are here: Home » Economy & Policy » News
Business Standard

Investors bullish on deep technology start-ups

Investors are looking for AI start-ups that achieved meaningful traction and scalability

Sharath Chowdary  |  Hyderabad 

Illustration: Ajay Mohanty
Illustration: Ajay Mohanty

Angel and venture capital funds are chasing Indian deep startups because of their potential to scale up rapidly and be able to offer an opportunity for early exit.

There is excitement in the investor community over deep tech companies working on engineering innovation using augmented reality, machine learning and (AI). As other look for funds, are searching for AI that have achieved traction and scalability. Deep tech entrepreneurs have raised millions of dollars in the past six months and most of these investments are for the long term. This trend will continue because of the high returns, according to industry observers.

“We are regularly receiving calls from We raised a substantial amount from Denso International America last October and might not require funds for the rest of this year,” said Dinakar Munagala, chief executive officer of deep learning and vision processing start-up Thinci.

The trend of investing in deep tech companies started in the first quarter of 2016 when and Salesforce acquired like Genee and MetaMind. In India, Apple acquired Hyderabad-based AI and machine learning start-up Tuplejump. Hyderabad Angels is evaluating several AI startups. “We are planning to finalise a couple of them in the next three months,” said PS Sreekanth, investment director  of the angel network. “Deep tech is the future of the start-up ecosystem in the country. These are expected to play a big role in healthcare, fintech and e-commerce,” he added.

Hyderabad-based early stage VC firm Endiya Partners recently invested in a Bengaluru-based healthcare AI startup SigTuple. It will make more investments in similar this year. pi Ventures has closed its $30 million maiden fund that focuses on using AI, machine learning and the Internet of Things. IDFC Parampara, an early stage fund, recently invested $1 million in cyber intelligence start-up Data Resolve Technologies and is evaluating another machine learning start-up in healthcare. 

The global AI market is expected to grow to $5.05 billion by 2020 from $419.7 million in 2014. It is likely to generate $47 billion revenue and replace 5 million jobs by 2020.

graph
graph

RECOMMENDED FOR YOU

Investors bullish on deep technology start-ups

Investors are looking for AI start-ups that achieved meaningful traction and scalability

Investors are looking for AI start-ups that achieved meaningful traction and scalability
Angel and venture capital funds are chasing Indian deep startups because of their potential to scale up rapidly and be able to offer an opportunity for early exit.

There is excitement in the investor community over deep tech companies working on engineering innovation using augmented reality, machine learning and (AI). As other look for funds, are searching for AI that have achieved traction and scalability. Deep tech entrepreneurs have raised millions of dollars in the past six months and most of these investments are for the long term. This trend will continue because of the high returns, according to industry observers.

“We are regularly receiving calls from We raised a substantial amount from Denso International America last October and might not require funds for the rest of this year,” said Dinakar Munagala, chief executive officer of deep learning and vision processing start-up Thinci.

The trend of investing in deep tech companies started in the first quarter of 2016 when and Salesforce acquired like Genee and MetaMind. In India, Apple acquired Hyderabad-based AI and machine learning start-up Tuplejump. Hyderabad Angels is evaluating several AI startups. “We are planning to finalise a couple of them in the next three months,” said PS Sreekanth, investment director  of the angel network. “Deep tech is the future of the start-up ecosystem in the country. These are expected to play a big role in healthcare, fintech and e-commerce,” he added.

Hyderabad-based early stage VC firm Endiya Partners recently invested in a Bengaluru-based healthcare AI startup SigTuple. It will make more investments in similar this year. pi Ventures has closed its $30 million maiden fund that focuses on using AI, machine learning and the Internet of Things. IDFC Parampara, an early stage fund, recently invested $1 million in cyber intelligence start-up Data Resolve Technologies and is evaluating another machine learning start-up in healthcare. 

The global AI market is expected to grow to $5.05 billion by 2020 from $419.7 million in 2014. It is likely to generate $47 billion revenue and replace 5 million jobs by 2020.

graph
graph

image
Business Standard
177 22

Investors bullish on deep technology start-ups

Investors are looking for AI start-ups that achieved meaningful traction and scalability

Angel and venture capital funds are chasing Indian deep startups because of their potential to scale up rapidly and be able to offer an opportunity for early exit.

There is excitement in the investor community over deep tech companies working on engineering innovation using augmented reality, machine learning and (AI). As other look for funds, are searching for AI that have achieved traction and scalability. Deep tech entrepreneurs have raised millions of dollars in the past six months and most of these investments are for the long term. This trend will continue because of the high returns, according to industry observers.

“We are regularly receiving calls from We raised a substantial amount from Denso International America last October and might not require funds for the rest of this year,” said Dinakar Munagala, chief executive officer of deep learning and vision processing start-up Thinci.

The trend of investing in deep tech companies started in the first quarter of 2016 when and Salesforce acquired like Genee and MetaMind. In India, Apple acquired Hyderabad-based AI and machine learning start-up Tuplejump. Hyderabad Angels is evaluating several AI startups. “We are planning to finalise a couple of them in the next three months,” said PS Sreekanth, investment director  of the angel network. “Deep tech is the future of the start-up ecosystem in the country. These are expected to play a big role in healthcare, fintech and e-commerce,” he added.

Hyderabad-based early stage VC firm Endiya Partners recently invested in a Bengaluru-based healthcare AI startup SigTuple. It will make more investments in similar this year. pi Ventures has closed its $30 million maiden fund that focuses on using AI, machine learning and the Internet of Things. IDFC Parampara, an early stage fund, recently invested $1 million in cyber intelligence start-up Data Resolve Technologies and is evaluating another machine learning start-up in healthcare. 

The global AI market is expected to grow to $5.05 billion by 2020 from $419.7 million in 2014. It is likely to generate $47 billion revenue and replace 5 million jobs by 2020.

graph
graph

image
Business Standard
177 22