New Delhi, June 16 (IANS). On the second day of the three-day event Bharat Innovates 2026, companies made investment commitments worth $254.5 million. Also, it has generated keen interest among investors towards India’s deeptech startup system. This information was given in the official statement on Tuesday.
The Ministry of Education said that on the second day of this program, global investors, industry leaders, researchers, policy makers, startups and academic institutions came together. Its objective was to promote innovation, strengthen technology partnerships and advance the commercialization of deep-tech solutions.
The day began with an Innovation Showcase, showcasing technologies developed by Indian startups and leading higher education institutions. These technologies were related to many sectors like biotechnology, semiconductor, advanced manufacturing, healthcare, energy, mobility, space and artificial intelligence.
Additionally, the summit met with global industry, investment and research leaders to discuss topics ranging from bio-innovation and advanced manufacturing to space, defense supply chain and international investment.
Partners stressed the importance of long-term investments, cross-border collaboration and better pathways to commercializing research.
According to the ministry, one of the highlights of the day was the Investor-Startup Engagement Programme, in which over 80 deep-tech startups presented their innovations to a panel of over 50 global investors from over 10 countries.
Startups showcased their solutions in six niche sectors, including Space and Defence, Artificial Intelligence and Semiconductors, Healthcare and Med-Tech, Biotechnology and Agri-Tech, Energy and Climate Technology, and Advanced Manufacturing.
According to the ministry, these sessions enabled direct interactions with global venture funds and corporate venture capital firms, and more than 40 startups have received commitments from investors for further interactions.
Additionally, the summit also highlighted investments of approximately $30 million announced on the first day.
By the end of the second day of the event, ‘Bharat Innovates 2026’ witnessed over 1,350 business-to-business meetings between innovators and over 50 collaboration agreements were signed.
‘Bharat Innovates 2026’ was launched to connect India’s fast-growing innovation ecosystem with global capital, industry expertise, research networks and international markets.
The Education Ministry said the summit has strengthened India’s position as a leading global hub for deep-tech innovation by creating new opportunities for collaboration between India, Europe and other international markets.
The third and final day of the summit will focus on technology parks and accelerators, climate technology, industrial decarbonization, global scaling strategies and long-term institutional partnerships aimed at sustaining innovation-based collaboration.
This summit was jointly inaugurated by Prime Minister Narendra Modi and French President Emmanuel Macron on June 14.
–IANS
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