Nvidia has joined as a founding member of the Deep Technology Alliance of India (IDTA), a new investment consortium backed by leading venture-capital funds and institutional investors with up to $2 billion in capital to support startups in advanced-technology sectors.

According to a report by CNBC, the alliance will fund and mentor Indian startups developing solutions in semiconductors, aerospace, artificial intelligence, robotics, biotechnology, and clean energy.

Nvidia said it will provide training programs and technical lectures through its Deep Learning Institute to cultivate India’s next generation of AI developers.

We will guide startups in building advanced AI systems, empower developers, and ensure the responsible use of the technology

said Vishal Dhuber, Nvidia’s Regional Director for South Asia. He added that the company would work closely with policymakers, investors, and entrepreneurs to accelerate innovation across key sectors.

Accelerating India’s Deep-Tech Ecosystem

Siram Viswanathan, a founding member of the IDTA’s executive board, said the pace of innovation in India is unprecedented, predicting that within five years, Indian deep-tech companies will emerge as global players.

The alliance aligns with the Indian government’s growing investment in advanced technology, including the allocation of over 100 billion rupees ($1.1 billion) to its AI Mission initiative and an additional 1 trillion rupee ($11.2 billion) fund to boost research and development.

Prime Minister Narendra Modi recently announced that India will host the AI Impact Summit in February 2026, featuring global leaders and tech executives such as Nvidia CEO Jensen Huang and Google DeepMind CEO Demis Hassabis.

Growing Global Interest in India’s AI Market

Nvidia’s participation comes amid rising international investment in India’s AI and semiconductor sectors. The country has become OpenAI’s second-largest user base, while U.S. tech giants including Google have pledged billions in new investments.

Earlier this year, Google announced a $15 billion AI center in Visakhapatnam, repurposing a former nuclear-power site to supply its data centers with clean energy.