Qualcomm plans to invest up to $150 million in Indian startups through its Qualcomm Ventures arm, targeting the country’s growing technology and AI ecosystem. The investments will specifically focus on AI applications in automotive, IoT, robotics, and mobile use cases. This initiative reinforces Qualcomm’s long-standing commitment to India, where it has already backed over 40 companies since 2007.
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Qualcomm to invest $150 million in startups in India
Qualcomm plans to invest up to $150 million in Indian startups through its Qualcomm Ventures arm, targeting the country’s growing technology and AI ecosystem. The investments will specifically focus on AI applications in automotive, IoT, robotics, and mobile use cases. This initiative reinforces Qualcomm’s long-standing commitment to India, where it has already backed over 40 companies since 2007.