Qualcomm Pledges $150M for India-Focused AI Venture Fund

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Qualcomm to Invest $150 Million in India-Focused AI Venture Fund

In India, the firm has backed more than 40 startups since 2007, offering capital as well as access to its technological expertise and global ecosystem.

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Storyboard•18-02-2026, 10:16

Qualcomm to Invest $150 Million in India-Focused AI Venture Fund

•US chipmaker Qualcomm will invest up to $150 million (Rs 1,359 crore) in an India-focused Strategic AI Venture Fund.
•The fund, deployed through Qualcomm Ventures, will support India's technology and AI startup ecosystem.
•Investments will target AI-led innovation in automotive, IoT, robotics, and mobile technologies across all startup stages.
•Qualcomm's CEO Cristiano Amon emphasized India's critical role in advancing edge AI, where intelligence is embedded directly into devices.
•Qualcomm Ventures has previously backed over 40 Indian startups since 2007, including Reliance Jio and MapMyIndia.

Read Full Article on Storyboard in English

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