Part 8/12:
He noted that while India’s fund ecosystem is growing with talented managers and increasing capital, the predominant short-term focus from investors hampers early-stage deep tech development. Larger funds and institutional investors, such as pension funds and university endowments, with horizons extending 15-30 years, will be key to sustaining India's deep tech ambitions.
The Critical Need for Indigenous Models
Abhishek, a leader in developing foundational AI models from India, emphasized the necessity of building locally relevant language and domain-specific models. Relying on global models often introduces biases and hallucinations—errors where the AI fabricates factual information—especially risky in sensitive sectors like legal or banking.