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India's DeepTech Superpower: The VC View

Aug 26, 2026

This episode features Rajeev Mantri, delving into India's journey towards becoming a DeepTech superpower. He shares insights from his transition from engineering to venture capital, including his experience at Lux Capital and his decision to return to India. The discussion explores the early trust deficit in Indian DeepTech, distinguishing between tech and deeptech, and contrasting the Indian ecosystem with the US, particularly regarding government catalysis in R&D. Mantri elaborates on India's strategic imperative for self-reliance and how it should invest in DeepTech and national missions. He addresses the crucial role of private capital, the challenges of funding R&D before TRL 4, and the unique ways Indian startups build with fewer resources. The conversation also covers evaluating science-based startups, policy changes needed, and the transformative potential of DeepTech for India's future, culminating in advice for young founders.

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