VC's 'deeptech is a grift' remark sparks debate on where India's capital should go

A VC's post that most deeptech will be revealed as a grift sparked heavy reactions on X. The remark was a reply to a post by Neosapien CEO Dhananjay Yadav. The VC wrote that quick services and quick commerce companies will do more to drive the economy. The exchange has widened into a debate about where India's capital should go.

Source: ET Tech ↗