Qualcomm Ventures eyes India startups to build low-cost AI for the world

According to the report of the India Deep Tech Alliance, whose members include Accel, Blume Ventures, 3one4 Capital, Chiratae Ventures, Nvidia, Premji Invest and Qualcomm Ventures, artificial intelligence startups attracted $1.2 billion in venture capital last year, and the sector’s share in total financing increased from less than 5 percent in 2020 to 12 percent.