The India Deep Tech Alliance (IDTA), a $1 billion consortium of venture capital funds and global technology companies, has announced plans to invest between $10 million and $15 million in emerging deep technology startups across India.
Boosting India’s Deeptech Ecosystem
Launched at Semicon India 2025, the IDTA aims to strengthen India’s innovation pipeline in artificial intelligence, semiconductors, biotechnology, defence, and space. The alliance includes global technology leaders Nvidia and Qualcomm, along with top Indian investors such as Celesta Capital, Accel, Premji Invest, Blume Ventures, Gaja Capital, Ideaspring, Tenacity Ventures, and Venture Catalysts.
The initiative will focus on seed to Series B-stage startups, providing them with both capital support and strategic mentorship to accelerate commercialization and global competitiveness.
Strategic Partnerships and Technical Support
Nvidia has joined as a founding member and strategic advisor, committing to offer technical expertise, AI training, and access to its advanced computing platforms. Other participating investors include Qualcomm Ventures, Activate AI, Chiratae Ventures, Kalaari Capital, and InfoEdge Ventures, underscoring growing confidence in India’s deeptech potential.
Alignment with India’s RDI Scheme
The alliance complements the Indian government’s ₹1 trillion Research, Development, and Innovation (RDI) Scheme, which aims to boost domestic R&D and high-tech manufacturing in strategic industries.
By combining venture funding, mentorship, and global collaboration, the IDTA seeks to bridge the gap between laboratory innovation and market deployment.
With deeptech funding in India growing 78% year-on-year to $1.6 billion in 2024—but still representing just a fifth of total startup capital—the IDTA’s entry marks a significant step toward scaling and sustaining India’s next wave of technological innovation.
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