Baidu Scores Landmark Approval For Autonomous Robotaxi Service In Shanghai
Baidu Secures Historic Permit for Driverless Robotaxi Services in Shanghai’s Pudong New Area, …
04. September 2025
India Unveils 1 Billion Alliance To Fuel Deep Tech Revolution
Celesta Capital Unveils $1 Billion India Deep Tech Investment Alliance to Accelerate Entrepreneurship
At the SEMICON India 2025 event in Delhi on September 2, Celesta Capital unveiled the $1 billion India Deep Tech Investment Alliance (IDTA), a significant development that promises to propel India’s deep tech industry to new heights. The announcement marks a major milestone in the country’s efforts to foster innovation and entrepreneurship in various sectors such as semiconductor, space, quantum, robotics, AI, biotech, medical devices, energy, climate, and digital economy.
The IDTA is an ambitious initiative that aims to accelerate entrepreneurship in deep tech across the India-US corridor. The alliance has secured $1 billion in commitments from a diverse group of investors, including public and private stakeholders. This significant investment will support startups working on cutting-edge technologies, providing them with the necessary resources to drive growth and innovation.
The launch of the IDTA aligns with the Indian government’s Research, Development, and Innovation (RDI) Scheme, which has allocated ₹1 lakh crore ($12 billion) to strengthen research and innovation. The RDI scheme is a key initiative aimed at promoting scientific research, technology development, and innovation in India. By supporting startups and entrepreneurs working on deep tech projects, the IDTA will play a crucial role in driving this scheme forward.
The IDTA is also expected to have a significant impact on India’s economy. The country’s deep tech industry has the potential to generate billions of dollars in revenue, create thousands of jobs, and drive economic growth. By supporting startups and entrepreneurs working on innovative technologies, the IDTA will help to unlock this potential, driving India towards a more sustainable and prosperous future.
Celesta Capital, the leading investor behind the IDTA, has invested in numerous startups and companies working on cutting-edge technologies such as AI, robotics, and quantum computing. The firm’s expertise and experience will be invaluable in supporting the IDTA and its member startups.
The SEMICON India 2025 event provided a platform for the announcement of the IDTA. The event saw participation from public and private stakeholders, including government agencies, industry leaders, and startups. It was an opportunity for attendees to learn about the latest trends and innovations in the deep tech sector, as well as network with other industry professionals.
The launch of the IDTA marks a significant milestone in India’s journey towards becoming a global leader in the deep tech industry. The alliance will play a crucial role in driving innovation and entrepreneurship in this sector, providing startups and entrepreneurs with the necessary resources to drive growth and success.
One of the key benefits of the IDTA is its ability to foster collaboration and innovation between Indian and US companies. The alliance will provide a platform for startups working on deep tech projects to connect with investors, partners, and industry experts from around the world. This will help to accelerate entrepreneurship in the sector, driving growth and innovation.
The IDTA also aligns with India’s “Make in India” initiative, which aims to promote manufacturing and exports in the country. By supporting startups working on deep tech projects, the alliance will help to drive growth in the industry, creating jobs and generating revenue.
Industry leaders and stakeholders have welcomed the launch of the IDTA as a major step forward for India’s deep tech industry. The alliance promises to bring together some of the world’s leading investors, entrepreneurs, and innovators, providing startups with access to cutting-edge technology, expertise, and resources.
In addition to its financial commitment, the IDTA will also provide support in terms of mentorship, networking opportunities, and access to state-of-the-art research facilities. The alliance will work closely with Indian universities, research institutions, and industry leaders to identify and support startups working on deep tech projects.
The IDTA is expected to have a significant impact on India’s startup ecosystem, driving growth and innovation in the deep tech sector. The alliance promises to bring together some of the world’s leading investors, entrepreneurs, and innovators, providing startups with access to cutting-edge technology, expertise, and resources.
As the world becomes increasingly dependent on technology to drive economic growth and solve complex problems, India’s deep tech industry is poised to play a major role in shaping the future. The launch of the IDTA marks an exciting new chapter in this journey, providing a platform for startups working on cutting-edge technologies to connect with investors, partners, and industry experts from around the world.
The IDTA will also help drive India’s transition towards a more sustainable and prosperous future by supporting startups working on innovative technologies related to energy, climate, and digital economy. By unlocking the country’s full potential for growth and development, the alliance will contribute to creating a brighter future for generations to come.
With its significant financial commitment, mentorship, networking opportunities, and access to state-of-the-art research facilities, the IDTA is set to make a major impact on India’s startup ecosystem, driving growth and innovation in the deep tech sector.