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Bengaluru Tech Summit Closes With ₹400 Crore Joint Funding for Deep‑Tech Start‑Ups

Organisers cast the public–private disbursement as a launchpad for further curated pitches set for next week.

Overview

  • Organisers said the Karnataka government and venture capital firms together disbursed ₹400 crore to deep‑tech start‑ups at the Future Makers Conclave during the three‑day summit.
  • About 16 venture capital firms participated, with 25 ventures funded by VCs and six companies backed under the State’s Elevate programme.
  • The event hosted 146 curated cross‑pitches to 36 investors, with another 162 founder pitches scheduled under the Bengaluru Tech Summit banner next week.
  • The summit reported roughly 92,500 attendees, including 20,680 delegates from 57 countries and 46,389 business visitors, alongside over 630 speakers and 1,015 exhibitors across about 100 sessions.
  • Minister Priyank Kharge said it was the first time a government and a group of VCs had distributed funds together and pledged to accelerate progress, while Elevate reported 1,084 companies funded to date and 143 winners in its latest round.