"NVIDIA and Qualcomm Ventures have joined a growing coalition of U.S. and Indian investors backing India's deep tech startups. The group launched in September with more than $1 billion in commitments, timing that aligns with India's new ₹1 trillion (around $12 billion) research and development initiative. NVIDIA has joined the coalition as a strategic technical advisor, without any financial commitments, while Qualcomm Ventures has come on board alongside six Indian venture firms, bringing additional capital commitments totaling more than $850 million."
"In its early years, much of the ecosystem closely mirrored Western business models before evolving into SaaS companies that serve global clients, especially those in the U.S. In recent years, however, India's focus has shifted to building ventures that tackle harder, infrastructure-scale problems - from launching satellites and electrifying transportation to designing semiconductors. The Indian government has sought to accelerate this shift as major economies race to secure technological sovereignty."
A coalition of U.S. and Indian investors launched with over $1 billion in commitments to support India's deep-tech startups while aligning with a new ₹1 trillion R&D push. NVIDIA joined as a strategic technical advisor without financial commitments, and Qualcomm Ventures added capital alongside six Indian venture firms, contributing more than $850 million. India hosts over 180,000 startups and 120+ unicorns and is shifting from Western-model SaaS to infrastructure-scale ventures such as satellites, electric transport, and semiconductors. Deep-tech ventures face scarce capital due to longer gestation periods. The coalition plans multi-year investments, mentorship, network access, and government collaboration.
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