NVIDIA, Qualcomm join U.S., Indian VCs to help build India’s next deep tech startups and accelerate national innovation.
Matilda
NVIDIA, Qualcomm Boost India Deep Tech How NVIDIA, Qualcomm Join U.S., Indian VCs to Help Build India’s Next Deep Tech Startups NVIDIA, Qualcomm, and top U.S.–Indian VCs have joined forces to help build India’s next deep tech startups. This collaboration strengthens a growing $1B-plus effort aligned with India’s new ₹1T (≈$12B) R&D initiative, designed to grow world-class innovation in AI, semiconductor design, satellite tech, and electric mobility. With more than 180,000 startups and 120+ unicorns, India is now shifting from copycat models to infrastructure-level innovation. Image : Google What Is the India Deep Tech Alliance (IDTA)? The India Deep Tech Alliance (IDTA), launched by Celesta Capital, unites major partners like Accel, Blume, Premji Invest, Gaja Capital, Ideaspring, Tenacity, and Venture Catalysts. Qualcomm Ventures and six Indian VC firms added over $850M in new commitments, while NVIDIA joined as a strategic tech advisor. The goal: fund and mentor deep-tech companies over the next 5–10 years and support gov…