Qualcomm to Invest Up to USD 150 Mn in India's Growing AI Ecosystem The investment will be deployed through Qualcomm Ventures and will fund startups at various stages, with a strong focus on AI applications in automotive, Internet of Things (IoT), robotics, and mobile technologies.
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Qualcomm has announced plans to invest up to USD 150 million to support India's rapidly growing artificial intelligence and technology startup ecosystem.
The investment will be deployed through Qualcomm Ventures and will fund startups at various stages, with a strong focus on AI applications in automotive, Internet of Things (IoT), robotics, and mobile technologies.
The announcement was made as Qualcomm President and CEO Cristiano Amon participated in the India AI Impact Summit in New Delhi, highlighting the company's continued engagement with India's technology sector.
"Through our new Strategic AI Venture Fund, Qualcomm is investing in companies that are advancing the next chapter of AI in India," Amon said. "AI is entering a new phase where intelligence is built directly into devices and systems people depend on every day… This shift will reshape entire industries, and India's startup ecosystem has a critical role to play."
India's expanding startup landscape and the rapid advancement of AI present a significant opportunity for emerging companies to develop market-leading solutions. Qualcomm aims to support startups building real-world applications powered by edge AI, which enables faster, secure, and efficient processing directly on devices rather than relying solely on cloud systems.
Quinn Li, Senior Vice President at Qualcomm Technologies and global head of Qualcomm Ventures, said, "India has become one of the world's vibrant centers of innovation, and we're proud to deepen our long-standing commitment to its startup ecosystem. This additional investment expands our support for founders building the next generation of transformative technologies."
Qualcomm has been investing in India's startup ecosystem since 2007 and has backed more than 40 companies. Its portfolio includes major players such as Reliance Jio, MapmyIndia, ideaForge, Shadowfax, Cavli Wireless, SpotDraft, and ToneTag.
The new fund reinforces Qualcomm's long-term commitment to India while supporting the development of AI-driven technologies expected to shape future industries and digital transformation.
