Neelkanth Mishra: India's ₹1 lakh crore RDI fund failing to reach deep-tech startups due to immature VC ecosystem
Summary
Neelkanth Mishra states that India's ₹1 lakh crore RDI fund is not reaching deep-tech startups due to an immature ecosystem. He highlights that India's venture capital network is too limited to support capital-intensive ventures like chip design firms, and points to talent shortages and brain drain as major hurdles for AI growth. Mishra urges IITs to act as feeder points for funding and remains cautiously optimistic about India's evolving ecosystem.
Source
Twitter / XNeelkanth Mishra: India's ₹1 lakh crore RDI fund failing to reach deep-tech startups due to immature VC ecosystemnewsbytesapp.comKey quotes
· 3 pulledMishra highlighted that advanced tech ventures (think chip design firms needing big funding) aren't getting much support because India's venture capital network is still pretty limited.
He also pointed out talent shortages and brain drain as big hurdles for AI growth, urging top institutes like IITs to step up as feeder points for funding.
Despite these challenges, Mishra was optimistic about India's ecosystem evolving
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