Nasscom Launches Deep Tech Club 2.0 To Boost Indian Deep Tech Startups
National Association of Software and Service Companies (Nasscom) has launched a project, Deep Tech Club (DTC) 2.0, to boost Indian deep-tech startups and help them scale globally.
Deep Tech Club (DTC) 2.0 is a three-stage programme aimed at scaling the impact to over 1,000 firms that are leveraging technologies such as artificial intelligence (AI), robotics, blockchain, machine learning (ML), and Internet of Things.[Read: Growth Story Of Indian Startup Ecosystem And Top 5 Most Promising Sectors In 2021]
Deep Tech Club
Accelerating the growth of the deep-tech ecosystem, the programme aims to increase the number of partnerships in the second stage.
Speaking on the startup ecosystem of India, Debjani Ghosh, President at Nasscom, said,
“The startup ecosystem of our country is strong and robust and is already ahead in solving many global challenges. In this era of digital, it is essential for these startups to continue to digitalize and integrate deep technologies in order to constantly evolve and be globally competitive.”
Deep Tech Club works in a phased approach to scale through partners. In India, Nasscom has partnered with industry and academia leaders, including Intel, T-Hub, Cisco Launchpad, NetApp, IIT-Kanpur, Sine (IIT-B), and Zinnov.
Global partners include Advanced Telecommunications Research Institute (ATR), Japan and Dallas Venture Capital, USA.
As per Nasscom, the DeepTech startup ecosystem in India will continue to grow at a compounded annual growth rate (CAGR) of 40-45% in 2021.
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