New Delhi, Sept. 30 -- India is mobilizing a $25 billion funding pool to accelerate its deep tech start-ups, reduce reliance on foreign frontier technology and challenge the global dominance of the US and China, according to a CNBC report.

Deep tech is a broad term used to describe start-ups in artificial intelligence, semiconductors, advanced manufacturing, drones and space tech.

Over the last decade, India invested $11.6 billion into the deep-tech sector, Rajat Tandon, president of the Indian Venture and Alternative Capital Association (IVCA), told CNBC.

But he said the figure is expected to skyrocket. He shared that the government has committed an unprecedented $11 billion under the Research Development Infrastructure Fund, which wi...