India, Oct. 27 -- In the last decade, the Indian startup ecosystem hasn't just grown; it's matured, expanding its horizons across capital sources, scaling models, and operational depth.

This evolution is now being powered by a strong, quantifiable force: the emergence of Domestic Corporate Venture Capital (CVC) as a critical, strategic fourth pillar of the ecosystem.

For years, the story of Indian venture was told by three core classes: venture capital (VC) firms, angel investors, and family offices. While they remain the vital financial engine, their focus is often prioritised towards financial returns and rapid scale.

Historically, Indian corporates focused on traditional value return mechanisms, such as dividends and internal R&D. B...