IDTA Members deploy Rs 2,170 cr across 56 Deep-Tech Startups

Members of the India Deep Tech Alliance (IDTA) has invested approximately ₹2,170 crore across 56 deep-tech companies in the alliance’s first year, the industry consortium said on Friday.

IDTA, the industry coalition, which was formed at Semicon last year with commitments of over $1 billion from venture firms like Celesta Capital, Accel, Premji Invest, Venture Catalysts, Bloom VC, Gaja Capital, Ideaspring, and Tenacity Ventures aims to create globally significant companies in semiconductors, Al, space and other critical sectors.