Founders mull $100M Indian deeptech fund to fix VC risk aversion
jajoosam · x · 2026-10-25
Entrepreneur Soham Sankaran argues India's elites are too risk-averse to invest in deep tech R&D. He discusses raising a $100M Indian deeptech fund run by actual deeptech founders, jokingly called the 'Cowardice Fund'. His essay notes 5 Indian conglomerates controlled 18% of hard assets and 12% of revenue in 2021, and unlike Japanese/Korean chaebols they aren't export-driven, stunting growth.
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