TLDR
- Nvidia became a founding member of India’s Deep Tech Alliance, which secured over $850 million in new commitments
- The alliance targets $2 billion in investments for AI, semiconductor, space and robotics startups
- Nvidia will train startups through its Deep Learning Institute and provide strategic guidance
- India’s government committed $12 billion to research initiatives and will host an AI summit in February 2026
- Deep tech funding in India grew 78% to $1.6 billion last year
Nvidia joined India’s Deep Tech Alliance as a founding member on Wednesday. The alliance added over $850 million in new capital commitments from investors.
The group launched in September with $1 billion pledged for deep tech investments. It now totals $2 billion targeting startups in AI, semiconductors, space, robotics and biotech.
Nvidia will serve as a strategic advisor to the alliance. The chipmaker will provide technical training through its Deep Learning Institute to Indian startups.
Vishal Dhupar, Nvidia’s managing director for South Asia, said the company will guide startups on AI systems and developer tools. The chipmaker will also collaborate with policymakers and entrepreneurs.
New investors joining the alliance include Qualcomm Ventures, Activate AI, InfoEdge Ventures, Chirate Ventures and Kalaari Capital. Original founding members include Accel, Blume Ventures, Gaja Capital and Premji Invest.
India’s Deep Tech Funding Challenge
Deep tech startups in India struggle to secure venture capital funding. These companies face long development cycles and uncertain paths to profitability.
Last year, deep tech funding jumped 78% to $1.6 billion in India. This represented just one-fifth of the $7.4 billion raised across all sectors, according to Nasscom data.
Sriram Viswanathan, founding managing partner at Celesta Capital, said increasing government support makes this the right time for India’s deep tech sector. He expects numerous Indian deep tech companies to achieve global recognition within five years.
Alliance members will deploy capital to startups over five to ten years. Each investor makes voluntary commitments with no pooling of funds.
Government Initiatives Drive Growth
India’s government launched a $12 billion research and development initiative. The country allocated $1.1 billion through its AI Mission and $11.2 billion through a Research, Development and Innovation Scheme Fund.
Prime Minister Narendra Modi announced India will host the AI Impact Summit in February 2026. Jensen Huang, Nvidia’s CEO, and Demis Hassabis, Google DeepMind’s CEO, are expected to attend.
Google recently pledged $15 billion to build an AI hub in Visakhapatnam. OpenAI considers India its second-largest user base globally.
Experts say deep tech investment is essential for developing core technologies like chips and AI. These technologies provide economic and strategic advantages.
Celesta Capital has backed companies including space-tech firm Agnikul Cosmos and drone manufacturer IdeaForge. The alliance will provide mentorship and network access beyond capital.
India represents the world’s third-largest startup ecosystem. Nvidia’s participation expands its presence in one of the fastest-growing AI markets globally.
The post Nvidia (NVDA) Stock: Company Becomes Strategic Advisor to India’s $2 Billion Deep Tech Alliance appeared first on Blockonomi.
This articles is written by : Nermeen Nabil Khear Abdelmalak
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