Deep tech vertical focused solutions in India 2023, by type
In 2023, 41 percent of the deep tech vertical focused solutions use cases in India were for consumers, including e-commerce, retail, FMCG and FMCD. It was followed by use cases for financial services at 17 percent. Deep tech, also known as hard tech, is a type of organization, typically a startup, that aims to provide technological solutions based on significant scientific or engineering challenges.