“Where’s the exit?” For years, venture capitalists investing in India’s deep-tech ecosystem have had to answer this tricky question from their limited partners.  Billion-dollar deals like Flipkart and Paytm in consumer-tech or fintech once provided investors…

Till now, AI startups have been judged by how quickly they could ship impressive demos, whether it’s a working chatbot, generated videos, or an automated workflow, as part of their pitch deck. But as capital tightens and enterprises become more cautious,…