New Delhi: India ranks among the top 3 startup ecosystems because of its thriving startup community, innovative thinking and widespread adoption of digital technologies. Deep-Tech Startups are organizations that specialize in using advanced new-age technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), machine learning (ml), data sciencequantum computing, robotics, and more.
Research-based disruptive innovation is at the heart of deep tech startups, from voice (Science, Technology, Engineering and Mathematics) laboratory or research facility. These companies aim to solve key problems and challenges.
The Indian government has recognized these developments with initiatives such as the Atal New India Challenge, which uses a platform to promote innovation center, start-ups and other fields driven by technological developments. Such startups have grown 53% over the past decade and account for 12% of the entire startup ecosystem. This has further led to India’s Deep-Tech ecosystem on par with advanced economies in the US, China, Israel, and Europe, with around 500 companies offering patented solutions, accelerating India’s quest to become a global tech powerhouse.
Deep tech startups provide solutions across industries such as healthcare, defense, space, BFSI, education, etc. They simplify complex operations, such as automation and network security, for customers and businesses. Deep technology can also be found in agriculture, banking, education, transportation, logistics, environmental technology, aviation, life sciences, and more. These startups create jobs for more than 4,000 people across 14 potential unicorn companies and are expected to double their growth by 2026.
Using technology, data science and design to improve business performance, Xelpmoc design is a high-tech startup company founded in 2015 that provides a wide range of services including web application development, prototyping, themed products, and data science and analytics assistance to help businesses identify opportunities, optimize business processes, differentiate themselves from competitors and Become future ready with the latest technology. Xelpmoc’s product, the X-Pand, helps retailers identify high potential locations, taking into account all relevant data points while leveraging advanced machine learning algorithms to provide real-time insights.
Sandipan ChattopadhyayMD & CEO, Xelpmoc said: “Technology has changed the norms of business conduct in various ways by increasing brand efficiency and improving the way in which optimization opportunities are identified. This is due to end-to-end technology solutions such as technology products, integrated solutions and infrastructure Managed Services,”
“Business opportunities are driven by analyzing large volumes of unstructured data through data science and machine learning to improve performance, achieve goals, and achieve short- and long-term goals. These solutions and verticals belong to”deep Chattopadhyay added, “Technology Optimization”, bringing the lab’s cutting-edge technologies to market to address global challenges through better connectivity and stronger local ecosystems.
As the wave of digitalization continues, companies must be part of the digital revolution. However, 78% of businesses are having difficulty outsourcing their digital business needs. Expand My Business is India’s first hosted B2B digital services platform focused on business solutions for IT development, marketing services and in-depth technical support. Established in 2018 and headquartered in Gurgaon, Expand My Business identifies the growing digital service needs of companies, be it SMEs, startups or large corporations, and provides mobile app development, gaming, development, branding, UI etc. services/UX design, 2D and 3D video animation, digital marketing and more. The startup serves banking and finance, education and learning, fashion and lifestyle, logistics, transportation, real estate, healthcare, e-commerce, and countless others.
Nishant Behl, Founder and CEO of Expand My Business, said: “As industries become increasingly digitized, there is an urgent need for a marketplace that caters to the needs of brands. In doing so, the biggest challenge for brands remains identifying reliable suppliers to meet their needs. its various IT and digital marketing needs.More than 86% of businesses are struggling to outsource their digital business needs, and in this case, the marketplace provides a one-stop platform that helps brands utilize reliable IT and marketing partners for their All needs. These solution providers “EMB not only meet business needs, but also accelerate their overall growth trajectory. With more than 1,500 proven institutions and partners with cross-industry expertise, EMB is committed to enabling this growth for global enterprises in 2023. “
Another deep tech startup catering to the Aadhar ecosystem is Syntizen. It provides state governments and private companies with innovative, world-class technology-driven solutions enabling them to access digital ancillary services, subsidy management systems, time and attendance solutions, offline e-KYC and many more. Syntizen enables agencies and organizations to engage customers with seamless identity checks and ensure efficient service delivery to governments.
The global business landscape is changing rapidly, and the global demand for digital transformation remains constant.
Noventiq is the world’s leading solution and service provider in digital transformation and cybersecurity, enabling this exceptional transformation and facilitation for more than 75,000 businesses worldwide, connecting customers with more than 100 best-in-class IT providers. The company helps organizations transform and operate efficiently and securely in the growing digital economy. The ongoing impact of digitization has also changed the way some businesses communicate, providing an enhanced customer experience to increase brand engagement. Haptik integrates multiple communication platforms to leverage intelligent conversational AI, helping brands achieve and deliver a seamless experience that helps customers find the right message through the channel of their choice. Haptik’s innovative technology also helps businesses gain real-time conversational data insights for scalable reliability and performance that drive overall business growth.
Haptik co-founder and CTO Swapan Rajdev said that deep technology is becoming more common across many industries and its future looks very promising. To ensure the continued growth of the Indian start-up ecosystem, organizations must focus on adopting deep technologies while ensuring their maximum utilization. After all, it is the constant emergence of new technologies that drive our progress! By leveraging advanced technologies like Conversational Commerce, Haptik is helping Indian unicorns to become globally competitive in deep tech. Our state-of-the-art solutions enable companies of all kinds to persevere and succeed in this rapidly changing environment.
With advances in 5G, understandable artificial intelligence, quantum computing, cloud-native technologies, customer data platforms, and more, the future of deep tech looks promising. By overcoming challenges such as funding, talent, market access and research guidance, deep technology has the potential to play an important role in India’s goal of becoming a $5 trillion economy, with a huge impact on various industries.
Research-based disruptive innovation is at the heart of deep tech startups, from voice (Science, Technology, Engineering and Mathematics) laboratory or research facility. These companies aim to solve key problems and challenges.
The Indian government has recognized these developments with initiatives such as the Atal New India Challenge, which uses a platform to promote innovation center, start-ups and other fields driven by technological developments. Such startups have grown 53% over the past decade and account for 12% of the entire startup ecosystem. This has further led to India’s Deep-Tech ecosystem on par with advanced economies in the US, China, Israel, and Europe, with around 500 companies offering patented solutions, accelerating India’s quest to become a global tech powerhouse.
Deep tech startups provide solutions across industries such as healthcare, defense, space, BFSI, education, etc. They simplify complex operations, such as automation and network security, for customers and businesses. Deep technology can also be found in agriculture, banking, education, transportation, logistics, environmental technology, aviation, life sciences, and more. These startups create jobs for more than 4,000 people across 14 potential unicorn companies and are expected to double their growth by 2026.
Using technology, data science and design to improve business performance, Xelpmoc design is a high-tech startup company founded in 2015 that provides a wide range of services including web application development, prototyping, themed products, and data science and analytics assistance to help businesses identify opportunities, optimize business processes, differentiate themselves from competitors and Become future ready with the latest technology. Xelpmoc’s product, the X-Pand, helps retailers identify high potential locations, taking into account all relevant data points while leveraging advanced machine learning algorithms to provide real-time insights.
Sandipan ChattopadhyayMD & CEO, Xelpmoc said: “Technology has changed the norms of business conduct in various ways by increasing brand efficiency and improving the way in which optimization opportunities are identified. This is due to end-to-end technology solutions such as technology products, integrated solutions and infrastructure Managed Services,”
“Business opportunities are driven by analyzing large volumes of unstructured data through data science and machine learning to improve performance, achieve goals, and achieve short- and long-term goals. These solutions and verticals belong to”deep Chattopadhyay added, “Technology Optimization”, bringing the lab’s cutting-edge technologies to market to address global challenges through better connectivity and stronger local ecosystems.
As the wave of digitalization continues, companies must be part of the digital revolution. However, 78% of businesses are having difficulty outsourcing their digital business needs. Expand My Business is India’s first hosted B2B digital services platform focused on business solutions for IT development, marketing services and in-depth technical support. Established in 2018 and headquartered in Gurgaon, Expand My Business identifies the growing digital service needs of companies, be it SMEs, startups or large corporations, and provides mobile app development, gaming, development, branding, UI etc. services/UX design, 2D and 3D video animation, digital marketing and more. The startup serves banking and finance, education and learning, fashion and lifestyle, logistics, transportation, real estate, healthcare, e-commerce, and countless others.
Nishant Behl, Founder and CEO of Expand My Business, said: “As industries become increasingly digitized, there is an urgent need for a marketplace that caters to the needs of brands. In doing so, the biggest challenge for brands remains identifying reliable suppliers to meet their needs. its various IT and digital marketing needs.More than 86% of businesses are struggling to outsource their digital business needs, and in this case, the marketplace provides a one-stop platform that helps brands utilize reliable IT and marketing partners for their All needs. These solution providers “EMB not only meet business needs, but also accelerate their overall growth trajectory. With more than 1,500 proven institutions and partners with cross-industry expertise, EMB is committed to enabling this growth for global enterprises in 2023. “
Another deep tech startup catering to the Aadhar ecosystem is Syntizen. It provides state governments and private companies with innovative, world-class technology-driven solutions enabling them to access digital ancillary services, subsidy management systems, time and attendance solutions, offline e-KYC and many more. Syntizen enables agencies and organizations to engage customers with seamless identity checks and ensure efficient service delivery to governments.
The global business landscape is changing rapidly, and the global demand for digital transformation remains constant.
Noventiq is the world’s leading solution and service provider in digital transformation and cybersecurity, enabling this exceptional transformation and facilitation for more than 75,000 businesses worldwide, connecting customers with more than 100 best-in-class IT providers. The company helps organizations transform and operate efficiently and securely in the growing digital economy. The ongoing impact of digitization has also changed the way some businesses communicate, providing an enhanced customer experience to increase brand engagement. Haptik integrates multiple communication platforms to leverage intelligent conversational AI, helping brands achieve and deliver a seamless experience that helps customers find the right message through the channel of their choice. Haptik’s innovative technology also helps businesses gain real-time conversational data insights for scalable reliability and performance that drive overall business growth.
Haptik co-founder and CTO Swapan Rajdev said that deep technology is becoming more common across many industries and its future looks very promising. To ensure the continued growth of the Indian start-up ecosystem, organizations must focus on adopting deep technologies while ensuring their maximum utilization. After all, it is the constant emergence of new technologies that drive our progress! By leveraging advanced technologies like Conversational Commerce, Haptik is helping Indian unicorns to become globally competitive in deep tech. Our state-of-the-art solutions enable companies of all kinds to persevere and succeed in this rapidly changing environment.
With advances in 5G, understandable artificial intelligence, quantum computing, cloud-native technologies, customer data platforms, and more, the future of deep tech looks promising. By overcoming challenges such as funding, talent, market access and research guidance, deep technology has the potential to play an important role in India’s goal of becoming a $5 trillion economy, with a huge impact on various industries.