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Deep-tech alliance adds Nvidia, secures over $850 million for Indian startups
India’s deep-tech alliance secured over $850 million with Nvidia joining as advisor, aiming to boost AI, chip and space startups.
The India Deep Tech Alliance, formed to support Indian deep-tech firms in AI, semiconductors and space, announced more than $850 million in new capital commitments. Nvidia joined the coalition as a strategic advisor, offering technical mentorship and policy guidance while U.S. and Indian VCs such as Qualcomm Ventures, Accel and Kalaari Capital also joined. The alliance, launched in September with an initial $1 billion pledge, aims to fill the funding gap and long development timelines typical in deep-tech.
Analysts say this could boost India’s push for tech sovereignty and infrastructure scale-up.