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India deep‐tech alliance secures over $850 million in capital, Nvidia joins
The India Deep Tech Alliance has added major members including Nvidia and secured more than $850 million in committed capital to back Indian startups in space, semiconductors, AI and robotics. The alliance, launched with an initial pledge of $1 billion, now aims to channel funds and strategic support into research-driven ventures facing long development cycles.
While deep-tech funding in India reached $1.6 billion last year (about one-fifth of total VC flows), backers say the new push seeks to bridge large technology gaps and accelerate innovation-led growth.
Reuters• By Pooja Kumari
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positive
India deep‐tech alliance secures over $850 million in capital, Nvidia joins
The India Deep Tech Alliance has added major members including Nvidia and secured more than $850 million in committed capital to back Indian startups in space, semiconductors, AI and robotics. The alliance, launched with an initial pledge of $1 billion, now aims to channel funds and strategic support into research-driven ventures facing long development cycles.
While deep-tech funding in India reached $1.6 billion last year (about one-fifth of total VC flows), backers say the new push seeks to bridge large technology gaps and accelerate innovation-led growth.
Reuters• By Pooja Kumari
Explore:Mutual Fund Screening
1 min read
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India’s Deep Tech Alliance gains Nvidia membership and over $850 million in funding commitments to support Indian AI, semiconductor and robotics startups.
The India Deep Tech Alliance has added major members including Nvidia and secured more than $850 million in committed capital to back Indian startups in space, semiconductors, AI and robotics. The alliance, launched with an initial pledge of $1 billion, now aims to channel funds and strategic support into research-driven ventures facing long development cycles.
While deep-tech funding in India reached $1.6 billion last year (about one-fifth of total VC flows), backers say the new push seeks to bridge large technology gaps and accelerate innovation-led growth.
The India Deep Tech Alliance has added major members including Nvidia and secured more than $850 million in committed capital to back Indian startups in space, semiconductors, AI and robotics. The alliance, launched with an initial pledge of $1 billion, now aims to channel funds and strategic support into research-driven ventures facing long development cycles.
While deep-tech funding in India reached $1.6 billion last year (about one-fifth of total VC flows), backers say the new push seeks to bridge large technology gaps and accelerate innovation-led growth.
Companies:
Nvidia
Tags:
startups
deep tech
startups
deep tech
india innovation
nvidia
venture capital