Qualcomm eyes potential investments in Indian auto tech and EV startups

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Qualcomm eyes potential investments in Indian auto tech and EV startups

Original equipment manufacturer (OEM) Qualcomm is scouting Indian electric vehicle startups for potential investments.

Besides looking at picking up stakes in Indian EV startups, Qualcomm’s venture capital arm is also open to mergers and acquisitions to get a piece of the emerging industry. “Our venture arm invests in key areas, including 5G, artificial intelligence (AI), automotive and Internet of Things (IoT) to help expand Qualcomm’s ecosystem of customers and partners. Qualcomm reportedly finds big potential for vehicle-based ‘subscription services’ such as aided driving. The Indian EV landscape is primarily led by homegrown players such as Hero Electric, Ola Electric, Okinawa, Tata Motors and Mahindra across multiple segments

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Original equipment manufacturer (OEM) Qualcomm is scouting Indian electric vehicle startups for potential investments.

Besides looking at picking up stakes in Indian EV startups, Qualcomm’s venture capital arm is also open to mergers and acquisitions to get a piece of the emerging industry. “Our venture arm invests in key areas, including 5G, artificial intelligence (AI), automotive and Internet of Things (IoT) to help expand Qualcomm’s ecosystem of customers and partners. Qualcomm reportedly finds big potential for vehicle-based ‘subscription services’ such as aided driving. The Indian EV landscape is primarily led by homegrown players such as Hero Electric, Ola Electric, Okinawa, Tata Motors and Mahindra across multiple segments

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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