On November 5 (local time), Nvidia became a new member of the Deep Technology Alliance of India (India Deep Tech Alliance), a network of cooperation between major investors in the US and India to support startups in high-tech fields such as artificial intelligence (AI), semiconductors, robots and space.
The alliance was established in September 2025 with an initial capital commitment of 1 billion USD, and this expansion has raised the total commitment to more than 850 million new USD.
Participating investors include Qualcomm Ventures, Activate AI, InfoEdge Ventures, Chirate Ventures and Kalaari Capital, demonstrating India's ambition to become a leading center for deep technology innovation in Asia.
As a founding member and strategic consultant, Nvidia will not directly invest but provide technical guidance, training programs and policy advice, helping Indian startups more effectively apply AI tools and advanced computing platforms.
This move is seen as an effort to address the persistent lack of capital in the deep-tech sector in India, where research startups are struggling due to long commercialization times and unclear profitability.
The Indian government has previously launched a $12 billion initiative to promote research and development of core technologies, helping the country transform from a service hub to a high-tech powerhouse.
According to Nasscom, investment in deep technology startups in India increased by 78% over the past year, reaching $1.6 billion, but still accounted for only 1/5 of total risk capital.
There is no better time for India to consider in-depth technology, said Sriram Viswanathan, founder partner of Celesta Capital. Support from the government and global corporations like Nvidia is creating an unprecedented boost.
Celesta Capital, an investor in Agnikul Cosmos and ideaForge, is one of the founding units of the alliance with Accel, Blume Ventures, Gaja Capital, premji Invest and many other funds.
The members of the alliance aim to deploy capital, share experiences and expand a network of consultants in the next 5-10 years, focusing on building a sustainable innovation ecosystem for India.
