New Delhi, Aug. 9 -- Private equity firm Gaja Alternative Asset Management Limited is increasing the time it spends evaluating deeptech and AI opportunities, according to a top executive at the company, as domestic PE firms begin to look more closely at a sector that has traditionally attracted venture capital.

"The number of companies across our coverage areas are growing 25%, within deeptech and AI our coverage is growing 50%," said Gopal Jain, co-founder, chief executive and managing director of Gaja Alternative Asset Management Limited (Gaja Capital), in an interview with Mint.

Gaja Capital is the latest in a relatively short list of PE firms that have committed to investing in deeptech. The sector has mostly seen money flow in from...