Deeptech startups underfunded as ‘significant’ capital directed towards consumer internet firms

India’s frontier technology ecosystem, which focuses on deep tech startups and innovation, remains underfunded with a significant portion of capital directed towards consumer internet businesses, said a report by venture capital firm 3one4 Capital on Thursday.

Even as the government has launched several programmes to boost deep-tech and frontier technology along with numerous innovation hubs and venture capital funding is also steadily increasing in deeptech startups,