Reported about 7 hours ago
NVIDIA and Qualcomm Ventures have joined a coalition of U.S. and Indian investors to support India’s deep tech startups with over $1 billion in commitments, coinciding with a new research and development initiative by the Indian government. This alliance, formed to bridge funding gaps for startups tackling infrastructure-scale challenges, aims to offer mentorship and access to networks over the next decade. NVIDIA will provide technical guidance without financial investment, while Qualcomm plans to invest and connect startups to its resources. The partnership is expected to enhance India's position in deep tech and attract further global investment.
Source: YAHOO