“…Colloidal nanocrystals (NCs) have gained great emphasis in both fundamental science and technological aspects due to their compositional diversity and easily tunable size, shape, and morphology, which give rise to an interesting optical, electronic, magnetic, and catalytic activity. − Among those, nanoscale heterostructures (NHSs) with different chemical domains have attracted much greater attention from researchers as they possess new functionalities and applications. NHSs, in particular, semiconductor–semiconductor heterostructures, are widely explored because of their huge variety in chemical composition, size, shape, and crystalline structure. − These heterostructures offer exciting possibilities regarding band engineering, which allows spatial charge separation between two different nanomaterials. From the fundamental point of view, type-I band alignment − gives localization of charge carriers into a particular semiconductor domain; whereas in type-II band alignment, − electrons and holes are localized at two different domains.…”