US and Indian VCs Form $1B+ Alliance for India’s Deep Tech

US and Indian VCs Form $1B+ Alliance for India’s Deep Tech

US and Indian VCs Just Formed a $1B+ Alliance to Fund India’s Deep Tech Startups Eight leading venture capital and private equity firms from the U.S. and India have teamed up in a bold move. US and Indian VCs just formed a $1B+ alliance to fund India’s deep tech startups , a landmark partnership that aims to transform the country’s innovation landscape over the next decade. Image : Google This coalition includes heavyweight investors like Accel, Blume Ventures, Celesta Capital, and Premji Invest. Together, they plan to channel more than $1 billion into Indian deep tech ventures, strengthening U.S.-India tech ties and addressing a long-standing gap in funding for innovation-heavy startups. Why This Alliance Matters for India’s Deep Tech Future India’s deep tech ecosystem has often faced criticism for lacking adequate funding. Earlier this year, Commerce Minister Piyush Goyal sparked debate after suggesting Indian founders focus too much on food delivery and consumer apps, unlike their Chines…