Gajwani says India startups are moving into AI and chips
In short
Satyan Gajwani said at the ET Startup Awards 2026 that Indian startups are now building AI, semiconductor chips, robotics, clean energy tech and new materials.
He said government support and patient investors are helping this shift. The report does not name specific companies or give funding numbers.
What the reporting says
Satyan Gajwani said at the ET Startup Awards 2026 that Indian startups are moving from fintech and commerce into deep tech, including semiconductor chips, AI, robotics, clean energy technologies and new materials. He said government support and patient capital are helping founders build proprietary technology and giving investors more time to wait for these businesses to mature. The reporting does not give a specific company or funding amount.
Why it matters
Satyan Gajwani said at the ET Startup Awards 2026 that India’s startup ecosystem is moving beyond fintech, delivery and SaaS into chips, AI, robotics, clean energy and new materials. He linked that shift to government backing and investors willing to wait longer. The source does not name the funds, startups or policy measures involved, so the exact scale of the change is not stated.