Tech
New $1 billion alliance formed to strengthen US-India deep tech ties
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Eight venture capital and private equity firms from the US and India are set to invest over $1 billion in India’s deep tech startups over the next decade, according to media reports. The initiative aims to strengthen technological ties between the two countries.
Alliance members
The alliance, called the ‘India Deep Tech Investment Alliance’, comprises:
- Celesta Capital
- Accel
- Blume Ventures
- Gaja Capital
- Ideaspring Capital
- Premji Invest
- Tenacity Ventures
- Venture Catalysts
Focus area
- Funding: Each member has committed to investing private capital over a…
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