November 5, 2025

Get ready for some thrilling news from the heart of India's tech universe! Nvidia, the giant name in AI and computing, has joined hands with big players like Qualcomm Ventures, Activate AI, InfoEdge Ventures, Chirate Ventures, and Kalaari Capital. Together, they are pumping over $850 million into the India Deep Tech Alliance, turning up the heat under India's growing deep-tech startup scene! The India Deep Tech Alliance was born in September with a grand vision and a $1 billion initial promise to lift startups working in space, semiconductors, artificial intelligence (AI), and robotics. Nvidia is not just a member but a founding force and strategic adviser, ready to offer expert technical guidance, training, and policy advice. Think of Nvidia as the wise guru helping startups master cutting-edge AI and computing tools. Why is this so exciting? India's deep-tech startups often face a big challenge: a dry well of funding. Many venture capitalists shy away because these startups take a long time to develop their ideas and profitability is a tough mountain to climb. Now, with this mighty boost from the alliance, these startups can finally dream bigger and build better. This boost comes hot on the heels of the Indian government launching a massive $12 billion plan to spark research and development. India has long been a kingpin in services but still needs a push in manufacturing and tech innovations. Last year, India's deep-tech startups saw a cool 78% jump in funding, reaching $1.6 billion. But that's just a part of the tale — it's still only about one-fifth of the total $7.4 billion raised by all startups, according to Nasscom, a top industry body. Some voices in the startup world remember an Indian minister's bold call in April to chase high-tech dreams like China instead of focusing on simple businesses. Entrepreneurs had mixed feelings, wanting stronger government backing for innovation. Experts agree: investing in deep tech like AI and chips isn't just smart, it's essential for India's economic and strategic independence. Sriram Viswanathan, founding managing partner at Celesta Capital, told Reuters, "there's no better time for India to look at deep tech." His firm has backed trailblazers like Agnikul Cosmos in space tech and drone innovator IdeaForge. Celesta, along with Accel, Blume Ventures, Gaja Capital, Premji Invest, and others, lit the spark for the alliance. The members aim to pour their own money into promising Indian deep-tech startups over the next 5 to 10 years, while mentoring and connecting them in a supportive network. While this isn't about forced pooling of capital, it is about voluntary togetherness to amplify impact, as Viswanathan explained, drawing a neat comparison to Nasscom. So, the stage is set and the players are ready! India's deep-tech startups are gearing up to zoom into the future with fresh firepower, thanks to Nvidia and its star-backed alliance. Who’s excited to see India’s tech magic unfold?

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Tags: Nvidia, India Deep Tech Alliance, Startups, Deep tech, Ai, Venture capital,