Tech giant Qualcomm to invest $150m in Indian startups

Tech giant Qualcomm to invest $150m in Indian startups

Paul Jacobs, Executive Chairman, Qualcomm

US-based chip maker Qualcomm Inc. said it would invest up to $150 million (Rs 980 crore) in Indian startup companies across all stages as part of its commitment to India.

The company announced this investment after its executive chairman Paul Jacobs met the India Prime Minister Narendra Modi at the Digital Economy event in San Jose on Sunday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter