Priyank Kharge announces ₹150 crore deep tech fund ahead of Bengaluru Tech Summit 2025

Karnataka’s flagship tech event to feature the first-ever Future Makers’ Conclave, aiming to boost deep tech and AI innovation with massive startup participation.

Karnataka IT/BT Minister Priyank Kharge on Monday announced that the state will host the Bengaluru Tech Summit 2025 from November 18 to 20 at the Bangalore International Exhibition Centre (BIEC). With the theme “Futurise,” the summit will highlight deep tech, artificial intelligence (AI), and emerging technologies.

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Kharge revealed that this year’s summit will include a first-of-its-kind Future Makers’ Conclave, bringing together over 10,000 entrepreneurs from across the country. The conclave, he said, will be bigger than the Centre’s Startup Mahakumbh, focusing on innovation-driven startups and deep tech ventures.

The summit will also see participation from 500 speakers, 20,000 delegates, 1,000+ exhibitors, and 50,000 visitors representing 60 countries, making it one of Karnataka’s largest global tech events.

To strengthen the deep tech ecosystem, Kharge announced a ₹150 crore Deep Tech Elevate Fund for startups in Bengaluru, along with an ₹80 crore Elevate Beyond Bengaluru scheme to promote innovation outside the capital. The government has also earmarked ₹600 crore for startups, with plans to attract matching investments from private firms and venture capitalists.

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“Our goal is not just to showcase policy but to accelerate innovation in AI and deep tech,” Kharge said, adding that Karnataka aims to position itself as India’s Deep Tech Capital in the coming decade.

The event will also promote global startup collaboration, encouraging Karnataka-based entrepreneurs to expand their reach internationally.