India, Jan. 30 -- India's burgeoning deeptech - spacetech, AI, semiconductor, robotics and IoT - sector is calling for more venture capital (VC) money and government support. And deeptech VCs are answering this call.

Over the past year, we have covered the deeptech investment playbooks for some of the major funds in India, and joining this group is growX ventures, which recently launched its second fund with a target corpus of INR 400 Cr (about $47.12 Mn)

For growx ventures' founder Ashish Taneja, India's future is all about deeptech. Founded in 2008, the firm aims to support around 20-24 startups over the next two and a half years with its second fund, half of which will be deployed in deeptech startups.

The firm's first SEBI-register...