{
  "id": 7224421,
  "title": "Mid-tier VCs scout deeptech deals; ETSA winner Varaha’s India play",
  "url": "https://urgent.news/2026/09/14/mid-tier-vcs-scout-deeptech-deals-etsa-winner-varahas-india-play",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-14T02:05:44.000Z",
  "source": {
    "name": "Economic Times Tech",
    "slug": "economic-times-tech",
    "url": "https://economictimes.indiatimes.com/tech/newsletters/morning-dispatch/mid-tier-vcs-scout-deeptech-deals-etsa-winner-varahas-india-play/articleshow/134230652.cms"
  },
  "original_language": "en",
  "account": "Mid-tier venture capitalists are shifting their focus towards deeptech startups in India, according to the latest ETtech Morning Dispatch. Established firms like Antler and Bertelsmann India Investments are increasingly evaluating and investing in these innovative companies. In 2026, deeptech startups raised $574 million across 61 deals, a significant increase from 2025's $679 million invested in 94 deals. Several startups have recently secured accolades, including Varaha, a Gurugram-based company working on carbon-removal projects, winning the Social Enterprise category at The Economic Times Startup Awards 2026. Varaha's CEO, Madhur Jain, highlighted the growing carbon credit market in India, with over $8 billion in global contracts last year alone. Additionally, Indian space technology startups are exploring new markets, particularly Japan, as geopolitical shifts drive countries to diversify their partnerships and supply chains.",
  "summary": "Happy Monday! Sector-agnostic mid-tier venture capital investors are recaliberating focus on India's deeptech startups. This and more in today’s ETtech Morning Dispatch.",
  "key_points": [
    "Mid-tier VCs focus on deeptech startups in India",
    "Varaha wins Social Enterprise award at ET Startup Awards 2026",
    "Indian space tech startups explore new markets in Japan"
  ],
  "editors_take": "Established venture capital firms shifting focus to deeptech startups in India signals a strategic pivot, potentially empowering innovative companies and altering the investment landscape in the country's tech sector.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}