India · Updated 9 Oct, 07:20 am IST
Customer procurement, not just grants, derisks India’s deeptech funding
Why it matters for readers: It shows why real customers, not just funding, matter to turn research into businesses.
- Public capital alone is insufficient to fully derisk India’s deeptech firms.1
- A customer — not a fund — is the most powerful derisker for deeptech startups.1
- A Rs 200 crore procurement commitment helps a Series B round more than a Rs 200 crore grant by validating revenue rather than science.1
- Defence, space and railways are cited as the government sectors whose procurement can validate revenue for startups.1
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