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India Deep Tech Alliance adds Nvidia as member with US$850 million pledge
The India Deep Tech Alliance, an initiative launched to support India’s research-driven startups, has added major players such as Nvidia Corporation, Qualcomm Ventures, InfoEdge and Kalaari Capital to its membership. The group announced over US$850 million in capital commitments to support deep-tech sectors including space, semiconductors, AI and robotics.
Originally launched in September with a US$1 billion pledge, the alliance aims to bridge longstanding funding gaps in India’s deep-tech ecosystem and boost R&D efforts over the next 5-10 years.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
positive
India Deep Tech Alliance adds Nvidia as member with US$850 million pledge
The India Deep Tech Alliance, an initiative launched to support India’s research-driven startups, has added major players such as Nvidia Corporation, Qualcomm Ventures, InfoEdge and Kalaari Capital to its membership. The group announced over US$850 million in capital commitments to support deep-tech sectors including space, semiconductors, AI and robotics.
Originally launched in September with a US$1 billion pledge, the alliance aims to bridge longstanding funding gaps in India’s deep-tech ecosystem and boost R&D efforts over the next 5-10 years.
Reuters• By Pooja Kumari
Explore:High Return Equity Mutual Fund
1 min read
78 words
India Deep Tech Alliance secures US$850 million in commitments as Nvidia and others join the initiative.
The India Deep Tech Alliance, an initiative launched to support India’s research-driven startups, has added major players such as Nvidia Corporation, Qualcomm Ventures, InfoEdge and Kalaari Capital to its membership. The group announced over US$850 million in capital commitments to support deep-tech sectors including space, semiconductors, AI and robotics.
Originally launched in September with a US$1 billion pledge, the alliance aims to bridge longstanding funding gaps in India’s deep-tech ecosystem and boost R&D efforts over the next 5-10 years.
The India Deep Tech Alliance, an initiative launched to support India’s research-driven startups, has added major players such as Nvidia Corporation, Qualcomm Ventures, InfoEdge and Kalaari Capital to its membership. The group announced over US$850 million in capital commitments to support deep-tech sectors including space, semiconductors, AI and robotics.
Originally launched in September with a US$1 billion pledge, the alliance aims to bridge longstanding funding gaps in India’s deep-tech ecosystem and boost R&D efforts over the next 5-10 years.
Companies:
Nvidia Corporation
InfoEdge
Kalaari Capital
Tags:
AI
deep tech
AI
deep tech
investment
India
startup ecosystem