India's deep tech startups raise $1.1B by June, RDI scheme
India's deep tech startups are having a big year, raising $1.1 billion in equity funding by June, almost as much as all of last year.
This surge is powered by government support like the ₹1 lakh crore RDI Scheme and growing interest in AI, defense tech, and advanced manufacturing.
Neysa $600 million amid fewer, larger deals
Neysa grabbed headlines with a huge $600 million Series B round led by Blackstone, making up over half of this year's total funding.
While there have been fewer deals (104 so far versus 334 last year), average deal sizes are way up—especially for Series A rounds.
Startups like Deccan AI, Nava, and Zeno also scored bigger investments, and new funds plus game-changing tech (like Airbound's drone pilots for hospitals) are keeping investors excited about what's next.