The uphill climb to raising fundsIndian investors have taken their time to warm up to deep technology startups, according to many startup founders. Acharya agrees that it is challenging for startups to develop path-breaking innovation in advanced technology in India as deep learning involves high computation costs. Added to this, lack of investor confidence and knowledge about deep technology makes it harder to raise funds meant to sustain the cost of technology development. In March this year, leading technology VC fund IDG Ventures India, along with Axilor Ventures launched its Frontier Tech Innovators Program to partner with disruptive deep technology startups. Endiya Partners has invested in deep technology start-ups like Hansel and SigTuple.

Source: Forbes July 04, 2017 02:26 UTC