Public Capital Is Not Enough to Save India's Deeptech

Customer procurement commitments from defence, space, or railways sectors derisk deeptech startups more effectively than grants, because they validate revenue and unit economics at scale. Deeptech founders should prioritize a credible customer acquisition path (especially government procurement) over grant hunting—a ₹200 crore procurement order does more for Series B than a ₹200 crore grant.

Source: YourStory ↗