India Emerges as a Global Deep Science Innovation Powerhouse

India has experienced explosive growth in its deep science startup ecosystem, boasting 453 venture-capital-backed enterprises. This impressive surge includes 117 percent growth since 2020 and features numerous late-stage firms. Notably, Laurus Labs stands out as the most valuable deep science company in any middle-income economy outside China. This milestone highlights India's critical transition from an innovation overperformer to a dominant global powerhouse.