Qualcomm Launches $150M India Fund to Back AI and Deep-Tech Startups from Series-A Onwards
For years, the narrative around Indian startups was dominated by consumer internet companies—e-commerce, food delivery, fintech apps. These businesses built massive user bases and attracted billions in venture capital.
But a shift has been underway. The next wave of Indian innovation is being written in code, algorithms, and hardware. It is being built by deep-tech founders working on artificial intelligence, robotics, and advanced manufacturing.
Now, one of the world’s most influential technology companies is taking notice—and putting its money where its mouth is.
Qualcomm, the global leader in wireless technology and semiconductors, has announced the launch of a $150 million India-focused venture fund dedicated to supporting AI and deep-tech startups. The fund will primarily invest in companies from the Series-A stage onwards, with a strong emphasis on startups building edge-AI applications and hardware innovations.
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