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DefenceCapital

iDEX is on its 13th edition. The graduates who actually got contracts. The ones who didn’t.

Eight years after launch, India’s flagship defence innovation programme has run over 13 editions of its Defence India Startup Challenge, opened more than 540 problem statements, and signed roughly 430 contracts. The headline numbers are impressive. The conversion rates underneath them are more interesting — and more useful to anyone underwriting a defence-tech bet.

Satish Swaminathan2026-05-29
GeopoliticsMacro

The China+1 thesis matured this year. India got selective about which "+1" it wants to be.

Until 2024, China+1 was a panic-driven hedge: large manufacturers diversifying out of China because the tariff and political risk had become unmanageable. By 2026, the same firms are running institutional diversification programmes — and India has started saying no to the kinds of "+1" capacity it doesn’t actually want.

Anjanaa Vishwanath2026-05-16
SemiconductorsCapital

India’s semiconductor bet is real. The two questions VCs should be asking.

After two years of announcement-driven coverage, India’s semiconductor mission has moved from PowerPoint to ground. Fabs are being built, design startups are being funded, and ISM 2.0 has just notified the next phase. The bet is real. But two questions are conspicuously absent from the investor conversation — and they’re the two that will decide whether the announced capacity becomes commercial volume.

Satish Swaminathan2026-05-09
Business ResearchResearch Methods

The Ultimate Guide to Types of Business Research

Explore all major types of business research to understand your audience, boost strategy, reduce risk, and drive smarter business decisions.

Pivotal Research2025-06-09
Research MethodsMarket Intelligence

Tertiary Research: The Ultimate Guide

Learn the basics of tertiary research—what it is, how it works, and why it matters—in this quick, comprehensive 101 guide on tertiary research.

Pivotal Research2025-05-26