Insider Brief
- The India Deep Tech Alliance (IDTA) has added seven new venture and corporate venture firms to its membership and secured over ₹7,500 crore (approximately $850 million) in additional private capital commitments, bringing total pledged support for early-stage Indian deep tech ventures to over $1.85 billion.
- New members include Activate AI, Chiratae Ventures, InfoEdge Ventures, Kalaari Capital, Qualcomm Ventures, Singularity Holdings VC, and YourNest Venture Capital, joining a founding cohort that includes Accel, Blume Ventures, Celesta Capital, Premji Invest, and Venture Catalysts.
- NVIDIA has formally joined IDTA as a Founding Member and Strategic Technical Advisor, offering AI and accelerated computing expertise, developer training, research engagement, and ecosystem-building support aligned with India’s ₹1 lakh crore ($12 billion) Research, Development, and Innovation (RDI) Scheme.
The India Deep Tech Alliance (IDTA) has announced its second cohort of members and more than ₹7,500 crore (approximately $850 million) in additional private capital commitments aimed at supporting early-stage deep tech startups in India. The expansion builds on the $1 billion in commitments disclosed at IDTA’s launch during SEMICON India in September 2025, according to Celesta Capital.
New members joining the consortium include Activate AI, Chiratae Ventures, InfoEdge Ventures, Kalaari Capital, Qualcomm Ventures, Singularity Holdings VC, and YourNest Venture Capital. They join a founding group of investors such as Accel, Blume Ventures, Celesta Capital, Premji Invest, and Venture Catalysts. NVIDIA was recently named a founding member and strategic technical advisor to the group.
“We see AI-led intelligent computing as the foundation for the next wave of innovation,” Quinn Li, Senior Vice President, Qualcomm Technologies, Inc. and Global Head of Qualcomm Ventures said. “India’s deep tech community plays a critical role in realizing the global AI opportunity, and we’re excited to join the IDTA to support the ecosystem.”
The alliance was created to accelerate private sector investment into Indian deep tech ventures aligned with the Government of India’s ₹1 lakh crore ($12 billion) Research, Development, and Innovation (RDI) Scheme. That public initiative targets critical technology sectors including semiconductors, AI, robotics, space, biotech, and advanced manufacturing, according to IDTA.
IDTA participants have committed to deploying long-term capital over the next five to ten years and to supporting deep tech founders through mentoring, network access, and company-building resources. In addition to financial commitments, members have pledged to engage with the Indian government on RDI implementation and to cooperate on potential co-investment opportunities.
The newly announced members represent a mix of domestic and global venture capital firms with track records in early-stage science and engineering-led businesses, according to IDTA. Qualcomm Ventures, the investment arm of Qualcomm Technologies, brings semiconductor and AI expertise to the table. InfoEdge Ventures, backed by one of India’s earliest tech entrepreneurs, adds experience in consumer platforms and enterprise SaaS. Kalaari Capital and Chiratae Ventures have invested in Indian deep tech across multiple funding cycles, while Activate AI is focused on building institutional support for early AI talent.
As a Founding Member and Strategic Technical Advisor to the India Deep Tech Alliance, NVIDIA will provide strategic and technical guidance to support the development of India’s deep tech sector, according to Celesta. This includes advising on best practices for deploying its AI and accelerated computing technologies, offering training through the NVIDIA Deep Learning Institute, participating in collaborative research efforts, and contributing to ecosystem-building initiatives such as research summits. NVIDIA will also engage in policy dialogues to help shape the implementation of India’s Research, Development & Innovation (RDI) Scheme.
The government’s RDI scheme is a cornerstone of India’s effort to build technological self-reliance and scale advanced industrial capabilities. The IDTA’s expansion suggests that private capital is aligning with this broader policy agenda. Total committed private capital across both waves of membership now exceeds $1.85 billion.
