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



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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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