What advice do you offer to deep-tech founders attempting to raise venture funding for physical hardware in India?

Deep-tech hardware lacks simple recurring software metrics, making fundraising inherently difficult. Founders must translate physical engineering milestones—moving from an initial benchtop prototype to an integrated beta mule—into quantifiable derisking metrics that investors can evaluate. With rising capital flows and national pride in domestic manufacturing, there has never been a better time to build physical deep-tech in India.