India, March 30 -- When Pune-based deeptech manufacturing startup SEDEMAC Mechatronics made its stock market debut on March 11, it quietly broke the dominant startup narrative that India was primarily a market for consumer giants and ecommerce. 

In a market where ecommerce, consumer services and fintech usually dominate the headlines, SEDEMAC's IPO came as a welcome change. And what's even more remarkable is how long it took SEDEMAC to get here. 

When Shashikanth Suryanarayanan set up SEDEMAC in 2007, deeptech was nowhere near the investor radar. Nineteen years later, deeptech is the flavour of the season. Suryanarayanan has seen this entire journey up close.  

"There was scepticism that new technology and intellect...