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Above and Beyond Chips: How ₹2,000 Crore in Fresh Deep Tech Funds Is Betting on India's Quantum, Semicon and Space Future

Above and Beyond Chips: How ₹2,000 Crore in Fresh Deep Tech Funds Is Betting on India's Quantum, Semicon and Space Future

Quantum Computing

Above and Beyond Chips: How ₹2,000 Crore in Fresh Deep Tech Funds Is Betting on India's Quantum, Semicon and Space Future

Excerpt: In February 2026, IIT-Madras launched a ₹600 crore deep tech venture capital fund with Unicorn India Ventures — designed to back IP‑led startups in semiconductors, quantum computing, robotics, spacetech and defencetech. Weeks later, Celesta Capital announced plans for a ₹2,000 crore India‑focused deep tech fund. Chiratae Ventures committed $10 million for five deep tech startups through its Sonic DeepTech program. Under the National Quantum Mission, the government is actively supporting quantum startups in computing, communication, sensing and materials. The patient capital is flowing. The revolution is deep.

Revathy Pandian

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Quantum Computing Breakthroughs Bring Commercial Use Closer
Quantum Computing

Quantum Computing Breakthroughs Bring Commercial Use Closer

Tokyo: Quantum computing is rapidly transitioning from a theoretical concept to a practical technology, as recent breakthroughs in hardware, error correction, and system scalability bring it closer to real-world commercial deployment. Industry experts believe these advancements could mark the beginning of a new era in computing, with far-reaching implications across multiple sectors.

29 Apr 2026