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India Deep Tech Alliance expands with Nvidia as adviser, new investors backing Rs 7,500 crore capital

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The world’s most valuable company Nvidia has joined the India Deep Tech Alliance (IDTA) as a founding member and strategic technical adviser, a top official of the industry-led deep-tech consortium told ET on Tuesday.

IDTA is also getting a second wave of members with fresh capital commitments exceeding Rs 7,500 crore (approximately $850 million) on top of the initial $1 billion pool announced previously, said Sriram Viswanathan, founding managing partner of Celesta Capital and IDTA executive council member.

As a strategic technical adviser, Nvidia…

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