Nvidia Joins $2 Billion India Deep Tech Alliance as Founding Member and Strategic Advisor

On November 5, 2025, Nvidia announced it has joined the India Deep Tech Alliance (IDTA) as a founding member and strategic advisor, with the alliance now totaling $2 billion in pledged investments. This includes over $850 million in new capital commitments announced on the same day, building on an initial $1 billion pledge when the alliance launched in September 2025.

The IDTA focuses on investing in startups across key sectors such as artificial intelligence, semiconductors, space, robotics, and biotech. Nvidia will provide technical training and guidance through its Deep Learning Institute, and work with policymakers on AI systems and developer enablement. Vishal Dhupar, Nvidia’s managing director of South Asia, stated the company aims to collaborate closely with investors and entrepreneurs, though no specific financial investment or training targets were disclosed.

New members joining the alliance include Qualcomm Ventures, Activate AI, InfoEdge Ventures, Chirate Ventures, and Kalaari Capital, while founding investors like Accel, Blume Ventures, Gaja Capital, and Premji Invest remain involved. Sriram Viswanathan, founding managing partner of Celesta Capital, highlighted that the pace of innovation in India is accelerating, and he expects a significant number of Indian deep tech companies to achieve global recognition within five years.

This move comes amid strong government support, including a $12 billion Indian research initiative with over $1.1 billion allocated through the AI Mission and an $11.2 billion Research, Development and Innovation Scheme Fund. Prime Minister Narendra Modi also announced India will host the AI Impact Summit in February 2026, likely featuring leaders like Nvidia CEO Jensen Huang and Google DeepMind CEO Demis Hassabis. Additionally, Google recently pledged $15 billion for an AI hub in Visakhapatnam, underscoring global interest in India's AI market.

Deep tech funding in India surged 78% to $1.6 billion last year, but it still represents only about one-fifth of the total $7.4 billion in venture capital raised across all startup sectors, according to Nasscom. The alliance members will deploy their own capital over the next five to ten years, with no pooling of funds, and each investor making voluntary commitments to address the chronic underfunding faced by research-driven startups due to long development timelines and uncertain profitability.