Startup and Nation

India’s Startup Ecosystem in 2025: Growth, Regulation & Rise of Deep Tech | Ashish Gupta, MFV Partners


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In this episode of the Startup and Nation podcast, we sit down with Ashish Gupta, a veteran entrepreneur, investor, and advisor who has played an significant role in the tech sector in shaping how India’s tech sector interacts with the world. Ashish shares the evolution of India's startup ecosystem, and discuss key factors like government regulations, market penetration strategies, and the unique 'man and machine' advantage India holds. We also explore the rising opportunities in deep tech and defense tech in India, making this an insightful episode for anyone interested in cross-border tech ventures.


00:00 Introduction to Ashish Gupta

01:28 Ashish Gupta's Journey: From India to Silicon Valley

03:13 The Evolution of India's Startup Ecosystem

06:40 Government's Role in India's Tech Growth

12:23 Challenges and Opportunities in India's Market

17:15 Cross-Border Business Dynamics

23:21 Challenges of Serving the Indian Market from Abroad

28:04 Introduction to MFV Partners and Deep Tech Investments

28:55 The Intersection of AI and Services

31:35 India's Advantage in AI and Services

37:31 Deep Tech and Its Evolution

41:05 India's Defense Industry and Future Prospects

43:14 Advice for Startups Entering the Indian Market

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Startup and NationBy Meng Fei Shen