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deeptech

Three men stand beside advanced space-defense equipment mounted on tripods, presenting their technology. A red banner above reads "Space-Defence Awareness Technology," with an icon of interconnected circuits, showcasing their innovation.

Optimized Electrotech Wins ADITI 1.0, Secures INR 25 Crore Grant

By
Anurag Trivedi

Optimized Electrotech, a deep-tech defense startup, has won the ADITI 1.0 iDEX-DIO Challenge organized by the Defence Space Administration, securing a record INR 25 crore grant from the Government of India. Recognized at DefConnect 4.0, the grant will help advance the company’s space situational awareness technology, contributing to India's defense modernization and the Atmanirbhar Bharat mission. Founded in 2017, Optimized Electrotech specializes in AI-powered surveillance solutions for defense and paramilitary forces, including border surveillance, aircraft tracking, and counter-drone measures.

A banner image featuring the logo of Yali Capital with the tagline "Deep Tech Fund." The logo, a stylized lion, appears on the left side of the image. To the right, there are abstract geometric shapes and lines representing technology and circuits. On the far right, a grayscale portrait of a man with glasses and a mustache is seen, resting his chin on his clasped hands, smiling thoughtfully. The background has a crumpled paper texture, giving the image a dynamic and textured look.

Yali Capital Launches ₹810 Crore Fund to Boost India's Deep Tech Startups

By
Anurag Trivedi

Yali Capital has launched an ₹810 crore venture fund, including a ₹310 crore greenshoe option, to support early-stage deep tech startups in India. Co-founded by Ganapathy Subramaniam, former CEO of Cosmic Circuits, and Mathew Cyriac, Executive Chairman of Florintree, the fund aims to invest in areas such as chip design, robotics, genomics, smart manufacturing, aerospace, and AI. Yali Capital's advisory team includes Lip-Bu Tan, former CEO of Cadence, known for taking over 130 deep tech companies to IPO globally. Tan expressed his eagerness to help create globally recognized deep tech companies from India. The fund has approved investments in four startups, finalizing by Q3 2024.