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The lines between tech and deeptech are blurring in India, with more than 3000 deeptech startups catering to different industries and consumers. The pandemic has increased tech adoption and awareness towards sustainability, opening up doors for more deeptech use cases. Despite this, there has been a slowdown in funding for the sector, with investors being more cautious towards profitability. Mergers and acquisitions and IPOs are also very uncommon in the sector, with macroeconomic challenges making investors park their funds in risk-free or less risky investment instruments.