• A coalition of eight prominent U.S. and Indian venture capital and private equity firms has launched a $1 billion initiative aimed at supporting India’s burgeoning deep tech sector.
  • This strategic alliance is expected to accelerate innovation in technology-heavy fields such as artificial intelligence and robotics.
  • By pooling resources, the firms aim to capitalize on India’s rapidly growing startup ecosystem and enhance its global competitiveness.

Source: techcrunch.com