Chennai: Even though a year was marked by the madness of the funds for consumer technology business, in-depth technology startup managed to hold their land and attracted more than double investment as last year in 2021.
Funding Venture Capital (VC) at the Deep Super Agency Deep solutions and technology reached 133 investments worth more than $ 1.4 billion by 2021 (until December 15) rose from 106 offers worth $ 556 million in 2020 and 107 offers worth $ 567 million in 2019, according to data from intelligence Ventura.
The average measure of the agreement in the segment rose from $ 5 million in 2020 to around $ 11 million in 2021, showing data.
However, inner technology investment only redeemed around 4.5% of total pie funding in 2021 and has floated around a 4% sign since 2018.
Investors and industry observers said while it was still the beginning of in-depth technology investment in India, 2021 had seen A sharp increase in making an agreement and interest from investors with pandemic encouragement on digitalization.
Although not enjoying the ‘Fomo’ investment force that can be seen by e-commerce, Fintech or Edtech, an in-depth technology entrepreneur can catch the eyes of investors this year, they said.
“Deep Tech as the sector gained momentum globally, and while it was true that it was on the sidelines so far in India, we were looking at an increase in interest from non-traditional investors who wanted to explore the space to produce linear non-benefit potential for businesses Their traditional led by technology, “said Pratip Mazumdar, partner in Inflexor Ventures, said.
VC companies that focus on deep technology see strong interest from large family offices with various business backgrounds such as Pharma, Retail, Automotive, etc.
Speciale investment, other VC companies focus on investment in technology in and techniques, seeing the year as an optimistic start to come.
Vishesh Rajaram, Co-Founder, Speciale, said they regularly introduce their portfolio company to other investors and the response rate on the connection almost tripled this year.
Deep Tech Ventures requires patient capital and large companies that enter venture investment are a good sign for segments, he added.
Manish Singhal, the founder of the Deep Fund Deep Fund Dini, said such innovation does not require millions needed by consumer technology business but even though they see a lot of interest in international investors in 2021.
“Many of our portfolio companies raise the follow-up round this year and we have also Do more agreement than before, “he said.
In segments such as agriculture, Agritech Startup helps keep the entire supply chain of Agri float during a pandemic.
Mark Kahn, Mitra Managing, Omnivore said at FY2020-21, the need to improve agricultural operations driving investment activities in agricultural management software, IOT and other categories, which saw a leap of 8x in the volume of agreement.
Omnivore participated in three agreements in Agri Deeptech in 2020 and 8 offers in 2021.
However, he added that almost all current venture investments in Agritech focused on digital technology and innovation in neglected life sciences.