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The article addresses the specific financing challenges faced by deep-tech sectors like quantum computing and semiconductors, arguing for patient capital while emphasizing the need for transparency and conflict-of-interest guardrails in investment evaluation. It highlights India's government initiatives designed to support high-risk R&D over extended periods without conflating these ventures with conventional startup metrics.
Deep-tech: Patient, but not unquestioning capital

In the previous column we discussed how the people best equipped to identify promising deep-tech startups are often also connected to the small ecosystem, leading to an expertise-proximity dilemma. India must accept this reality and move ahead while ensuring transparency and accountability. First,…
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