NVIDIA and Qualcomm Ventures have joined a growing coalition of U.S. and Indian investors backing India’s deep tech startups. The group launched in September with more than $1 billion in commitments, timing that aligns with India’s new ₹1 trillion (around $12 billion) research and development initiative.
NVIDIA has joined the coalition as a strategic technical advisor, without any financial commitments, while Qualcomm Ventures has come on board alongside six Indian venture firms, bringing additional capital commitments totaling more than $850 million.
India is home to more than 180,000 startups and over 120 unicorns. In its early years, much of the ecosystem closely mirrored Western business models before evolving into SaaS companies that serve global clients, especially those in the U.S. In recent years, however, India’s focus has shifted to building ventures that tackle harder, infrastructure-scale problems — from launching satellites and electrifying transportation to designing semiconductors. The Indian government has sought to accelerate this shift as major economies race to secure technological sovereignty. Yet capital for such ventures remains scarce, as they require a longer gestation period than traditional sectors and most VCs favor proven, lower-risk models.
In September, Silicon Valley- and India-based Celesta Capital spearheaded the launch of the India Deep Tech Alliance (IDTA) to bridge that gap, bringing together seven major U.S. and Indian investors — Accel, Blume Ventures, Premji Invest, Gaja Capital, Ideaspring Capital, Tenacity Ventures, and Venture Catalysts. The latest addition includes Indian venture firms Activate AI, Chiratae Ventures, InfoEdge Ventures, Kalaari Capital, Singularity Holdings, and YourNest Venture Capital.
The coalition aims to invest capital and provide mentorship and network access to Indian deep-tech startups over the next five to ten years. It also plans to collaborate with the Indian government on its policy initiatives, including the recently introduced Research, Development and Innovation (RDI) scheme.
“It’s a coalition of the willing, wanting to support the development of the Indian deep tech ecosystem,” Sriram Viswanathan, founding managing partner of Celesta Capital and founding executive council member of the IDTA, said in an interview.
Approved by the Indian cabinet earlier this year and rolled out by Prime Minister Narendra Modi this week, the ₹1 trillion RDI scheme will fund projects in areas such as energy security and transition, quantum computing, robotics, space tech, biotech, and AI through long-term loans, equity infusions, and allocations to deep-tech funds of funds. The venture firms participating in the alliance plan to leverage the initiative to back Indian-domiciled deep-tech startups.
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“This is, in a way, the most seminal moment where the Indian government’s action will drive creation and the formation of many of these deep tech companies and will be supported by a number of VCs in India that are really looking at developing this ecosystem,” Viswanathan told TechCrunch. “There is a turning point in the Indian entrepreneurial ecosystem in favor of deep tech, and that’s what we’re all excited about.”
The alliance has brought in NVIDIA to provide strategic and technical guidance to its members and emerging startups. The U.S. chipmaker — whose market value has surged amid the global boom in AI — will advise on best practices for integrating NVIDIA’s AI and accelerated computing platforms, offer technical talks and training through the NVIDIA Deep Learning Institute, and contribute to policy dialogues between industry and the government to advance India’s deep-tech capabilities, the alliance said in a statement.
Although NVIDIA will not participate financially, Vishal Dhupar, NVIDIA’s managing director for South Asia, said the company will share technical insights and scalable computing resources with Indian startups in the coalition.
“NVIDIA’s support is a pretty significant validation of the ecosystem, and them joining the IDTA is an endorsement of our collective objective that there is an opportunity for India to start seeing a burgeoning growth of this ecosystem,” Viswanathan told TechCrunch.
Unlike NVIDIA, Qualcomm is joining the alliance with an investment focus. The San Diego–based chipmaker made its first India investment in 2008, with early bets including Google Maps rival MapmyIndia, which went public in late 2021. Qualcomm and Celesta also backed Indian drone maker IdeaForge, which has been a publicly listed company since 2023.
However, Qualcomm’s participation will extend beyond capital, said Rama Bethmangalkar, India managing director at Qualcomm Ventures. The firm plans to help startups connect with its portfolio companies, partner networks, and internal teams within Qualcomm, he told TechCrunch.
“If you are like minded and other VCs have allocated certain portion of their resources, dollars, time, and network, it helps each other and then collectively to work with the government, to be aligned with what the government is thinking on certain areas, whether it is quantum, semiconductors, AI, or emerging technologies, it is very important to be part of that group,” he said.
That said, the success of the IDTA remains to be seen. Viswanathan described the alliance as a “loose coalition of the willing,” noting that participating investors continue to run their own programs.
“We’re collaborating to share knowledge, to share deal flow, and all of that,” he said when asked about the progress since the alliance’s launch in September.
It is also unclear how much of the capital each participant will contribute.
“We’re just collectively estimating what the total commitment is to this ecosystem,” Viswanathan said. “This alliance is not a fund. There’s no obligation, no allocation, if you will, of any deal. If Rama finds a deal, he will do it. If Rama finds it appropriate to bring in other investors, he’ll share the deal with other investors that he thinks are relevant for that investment.”
India’s deep-tech funding rose 78% year-over-year to $1.6 billion in 2024, according to a report by IT industry body Nasscom and global consulting firm Zinnov released in April. While the growth is promising, the capital raised still trails far behind that in developed markets, especially the U.S.
The alliance may help increase that figure, but more importantly, it is expected to draw global attention — and, in turn, more investors and corporate venture funds — to India’s startup ecosystem.
“What we need are role models to begin with,” said Bethmangalkar. “People are going to jump in. Entrepreneurs are going to get the confidence capital… In ten years, you’ll start seeing these as the companies listed on the main boards of our exchanges — deeply science- and tech-oriented firms.”
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![Scientists Say Some Black Holes Are Born From Other Black Holes
Since LIGO’s Nobel-winning discovery of gravitational waves—ripples in spacetime—the U.S.-based detector has been picking up on hundreds of signals from black hole mergers. And, after a decade of studying gravitational waves, researchers believe a significant fraction of black holes may come from cosmic chain reactions. A recent paper published in Physical Review Letters describes an analysis of 155 pairs of binary black holes, identified by LIGO and its sisters, Virgo and KAGRA, in Italy and Japan, respectively. According to the study, about 14% of merging black holes may be what’s called “second-generation black holes,” or black holes that form from previous mergers of two smaller black holes. This “hierarchical” backstory is vastly different from the textbook version of how black holes emerge from the explosive death of a star. “Overall in the universe, black holes are merging all the time,” Cailin Plunkett, the study’s first author and a graduate student at the Massachusetts Institute of Technology, told MIT News. “Now we’re seeing a relatively consistent picture where there’s a decent percentage of black holes that are coming from this repeated pathway.”
Tracking the invisible Gravitational waves that reach Earth’s detectors typically come from extremely intense events. Over the years, LIGO has picked up some truly perplexing signals. For example, last summer it found the most colossal black hole merger ever—and if that wasn’t wild enough, the black holes that took part in the merger lie within a cosmic “dead zone” for black holes.
This zone refers to a range of black hole masses in which, physically speaking, black holes can’t form through ordinary stellar collapse. From these discoveries, astronomers realized just how little we knew about black holes, which are challenging to investigate directly. In that sense, it was a no-brainer that the ever-growing catalog of LIGO’s gravitational signals would turn up entirely new insights about black holes. “It is increasingly clear, both from individual events and population analyses, that massive black holes exist in [this] range,” the researchers wrote in the latest paper. “These observations have spurred further investigation into mechanisms that can populate this gap.”
A wobbly imprint The latest research represents one such investigation. During mergers, the two black holes spiral toward each other along an orbital plane. When one or both black hole spins are misaligned, the orbital plane can wobble, or “precess,” the researchers explained to MIT News. The degree to which the disk wobbles acts as a parameter from which researchers can measure the masses and spins of the merging black holes. One telling sign of hierarchical mergers is that they’re “lopsided,” meaning one of the pair has a much higher spin and mass than the other. For the study, the team created an analytic model to capture the kind of wobble that would have emerged from second-generation black holes. Around 14% of merging black holes followed this pattern, and the second-generation black holes identified had a very specific range of masses, at around 20 solar masses or 40 solar masses and above. Of mysterious origins To be fair, that might not sound like a whole lot. But it demonstrates that a sizeable portion of known black holes indeed follow this pattern. As for why, the team suspects hierarchical mergers emerge from dense stellar environments. Simply, when multiple neighboring stars die and collapse into black holes, the dense environment can make it easier for those black holes to find each other and merge. That could further lead to the formation of second-generation black holes. Theoretically, this could “repeat potentially ad infinitum, by virtue of the fact that you have a ton of stars and black holes in this really dense environment,” Plunkett said.
But an ensuing mystery concerns those black holes in the 40-and-above regime, which coincides with the aforementioned “death zones” for black hole masses. According to stellar evolution theory, black holes born of supernovas shouldn’t leave any black holes above roughly 45 solar masses, explained Plunkett. “Yet we have seen black holes that are that massive,” she mused. “And the question is: Where did they come from?” For now, it’s hard to say when we’ll get an answer to that question, if ever. But one thing seems to be clear: black holes are a lot weirder than we could ever imagine. #Scientists #Black #Holes #Born #Black #HolesBlack holes,Gravitational wave,LIGO Scientists Say Some Black Holes Are Born From Other Black Holes
Since LIGO’s Nobel-winning discovery of gravitational waves—ripples in spacetime—the U.S.-based detector has been picking up on hundreds of signals from black hole mergers. And, after a decade of studying gravitational waves, researchers believe a significant fraction of black holes may come from cosmic chain reactions. A recent paper published in Physical Review Letters describes an analysis of 155 pairs of binary black holes, identified by LIGO and its sisters, Virgo and KAGRA, in Italy and Japan, respectively. According to the study, about 14% of merging black holes may be what’s called “second-generation black holes,” or black holes that form from previous mergers of two smaller black holes. This “hierarchical” backstory is vastly different from the textbook version of how black holes emerge from the explosive death of a star. “Overall in the universe, black holes are merging all the time,” Cailin Plunkett, the study’s first author and a graduate student at the Massachusetts Institute of Technology, told MIT News. “Now we’re seeing a relatively consistent picture where there’s a decent percentage of black holes that are coming from this repeated pathway.”
Tracking the invisible Gravitational waves that reach Earth’s detectors typically come from extremely intense events. Over the years, LIGO has picked up some truly perplexing signals. For example, last summer it found the most colossal black hole merger ever—and if that wasn’t wild enough, the black holes that took part in the merger lie within a cosmic “dead zone” for black holes.
This zone refers to a range of black hole masses in which, physically speaking, black holes can’t form through ordinary stellar collapse. From these discoveries, astronomers realized just how little we knew about black holes, which are challenging to investigate directly. In that sense, it was a no-brainer that the ever-growing catalog of LIGO’s gravitational signals would turn up entirely new insights about black holes. “It is increasingly clear, both from individual events and population analyses, that massive black holes exist in [this] range,” the researchers wrote in the latest paper. “These observations have spurred further investigation into mechanisms that can populate this gap.”
A wobbly imprint The latest research represents one such investigation. During mergers, the two black holes spiral toward each other along an orbital plane. When one or both black hole spins are misaligned, the orbital plane can wobble, or “precess,” the researchers explained to MIT News. The degree to which the disk wobbles acts as a parameter from which researchers can measure the masses and spins of the merging black holes. One telling sign of hierarchical mergers is that they’re “lopsided,” meaning one of the pair has a much higher spin and mass than the other. For the study, the team created an analytic model to capture the kind of wobble that would have emerged from second-generation black holes. Around 14% of merging black holes followed this pattern, and the second-generation black holes identified had a very specific range of masses, at around 20 solar masses or 40 solar masses and above. Of mysterious origins To be fair, that might not sound like a whole lot. But it demonstrates that a sizeable portion of known black holes indeed follow this pattern. As for why, the team suspects hierarchical mergers emerge from dense stellar environments. Simply, when multiple neighboring stars die and collapse into black holes, the dense environment can make it easier for those black holes to find each other and merge. That could further lead to the formation of second-generation black holes. Theoretically, this could “repeat potentially ad infinitum, by virtue of the fact that you have a ton of stars and black holes in this really dense environment,” Plunkett said.
But an ensuing mystery concerns those black holes in the 40-and-above regime, which coincides with the aforementioned “death zones” for black hole masses. According to stellar evolution theory, black holes born of supernovas shouldn’t leave any black holes above roughly 45 solar masses, explained Plunkett. “Yet we have seen black holes that are that massive,” she mused. “And the question is: Where did they come from?” For now, it’s hard to say when we’ll get an answer to that question, if ever. But one thing seems to be clear: black holes are a lot weirder than we could ever imagine. #Scientists #Black #Holes #Born #Black #HolesBlack holes,Gravitational wave,LIGO](https://gizmodo.com/app/uploads/2026/07/black-hole-hierarchial-mergers-1280x853.jpg)
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