Nvidia, Qualcomm join India's deeptech push

“WE SEE AILED intelligent computing as the foundation for the next wave of innovation. India’s deep tech community plays a critical role in realising the global AI opportunity, and we are excited to join the IDTA to support the ecosystem,” Quinn Li, senior vice president, Qualcomm Technologies, Inc, said.

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Speaking to FE, Sriram Viswanathan, founding managing partner at Celesta Capital, said the rising participation of both domestic and international investors reflects increasing confidence in India’s role in deep-tech value creation. He noted that the alliance’s structure does not require pooled capital and that the number of contributors is expected to expand further as the ecosystem matures.