Deep tech, a term that encompasses advanced technologies such as artificial intelligence (AI), biotechnology, and material science, is rapidly gaining traction in India. This article explores some of the promising deep tech stocks in the Indian market.

 

Here are the listed companies in the field of Deep Tech:

1. Computer Age Management Services:

Computer Age Management Services (CAMS) is a mutual fund transfer agency serving Indian asset management companies. The company is known for its deep domain expertise in fintech and has been a significant player in the industry since its inception in 1988. CAMS has been successful in leveraging technology and networking to provide platform-based services.

2. Tata Elxsi:

Tata Elxsi is at the forefront of AI technology, with a team dedicated to making a real-world impact through innovative implementation. The company is known for its deep learning engineers who are proficient with deep learning algorithms, especially towards developing computer vision applications. Tata Elxsi’s AI-powered platform leverages Large Language Models and Machine Learning.

3. Happiest Minds Technologies

Happiest Minds Technologies is a digital transformation and IT consulting company that leverages deep tech to drive growth and deliver cutting-edge solutions. The company is known for its focus on augmented intelligence, natural language processing, image analytics, video analytics, and emerging technologies like AR and VR.

4. Persistent Systems:

Persistent Systems is a trusted Digital Engineering and Enterprise Modernization partner, combining deep technical expertise and industry experience. The company has deep technology expertise and has developed unique, innovative, and green catalytic processes. Persistent Systems is also known for its AI and biotechnology solutions.

5. Clean Science & Technology:

Clean Science & Technology is deeply centered on values of eco-friendliness and sustainability. The company is among the few global organizations focused on developing ingenious technologies with unique, innovative, sustainable, and cost-effective catalytic manufacturing processes. Clean Science & Technology is one of the largest manufacturers globally of certain chemicals developed in-house.

Investments in deep tech in India have doubled in the last three years, crossing $1 billion in the 2021-2023 period1. AI and biotechnology have been leading the funding and innovation in deep tech in India.

Investing in deep tech stocks offers an exciting opportunity to be part of this technological revolution. However, it’s essential to conduct thorough research or consult with a financial advisor before making any investment decisions.

In conclusion, the deep tech sector in India is burgeoning with opportunities. The companies mentioned above are just a few examples of the many players in this exciting field. As deep tech continues to evolve and permeate various sectors, it’s a space that investors would do well to keep an eye on.