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New alliance on deep tech IDTA gets $1 billion commitment from investors

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A new industry coalition, India Deep Tech Alliance (IDTA), has got an over $1 billion of commitments from investors, and it aims to create globally significant companies in semiconductors, AI, space and other critical sectors.

The India Deep Tech Alliance (IDTA) was unveiled on Tuesday at Semicon India 2025, with an initial capital commitment of over $1 billion from global and Indian investors.

Founding members of the coalition include Celesta Capital, Accel, Premji Invest, Venture Catalysts, Bloom VC, Gaja Capital, Ideaspring, and Tenacity…

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