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If it works in India, it can work anywhere: TDK Ventures’ Nicolas Sauvage on building deeptech for the world

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If it works in India, it can work anywhere: TDK Ventures’ Nicolas Sauvage on building deeptech for the world

For years, India’s best scientists left for the US. Now they are staying, and more of them are choosing startups over corporate labs. For Nicolas Sauvage, Founder and President of TDK Ventures, those two shifts are the biggest changes in Indian deeptech over the past five to 10 years.

“The best talent starts to go into the startups in deeptech, and they try things that they would not have tried 10 years or even five years ago,” Sauvage said in a fireside chat with Shivani Muthanna, Senior Director – Strategic Content & Video at YourStory, at TechSparks 2026.

TDK Ventures is the corporate venture capital arm of Japanese electronics company TDK Corporation. Set up in Silicon Valley in 2019, it opened its Bengaluru innovation hub in 2023, its first office outside the US. India is its second largest market by number of investments, Sauvage said.

The ecosystem he is betting on is growing. India is home to more than 4,200 deeptech startups, which raised $2.3 billion in 2025, up 37% from the year before, according to a Nasscom–Zinnov report.

During the session titled ‘Global by design: What Indian deeptech needs to become globally iconic’, he laid out what Indian founders need to get right to build companies that compete globally, from picking a first customer and the right investors to planning for scale before it becomes expensive to do so.

Speaking on investing in SpaceTech, Sauvage named the US, China, and India as the three countries where he would consider investing as a VC.


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