
Varsha Tagare
Managing Director
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- Full Name
- Varsha Tagare
- Title
- Senior Director
- Firm
- Qualcomm Ventures
- Firm Type
- Corporate venture capital
- Investment Stage
- Seed through growth; Qualcomm Ventures says it invests in early- to growth-stage companies, and its 5G fund FAQ says the firm is stage-agnostic with expected seed, Series A and Series B activity for that fund.
- Check Size
- Firm-level initial investments typically $1M-$10M, according to a Crunchbase News interview with Qualcomm Ventures global head Quinn Li.
- Target Company Profile
- Deep-technology startups that can accelerate Qualcomm’s ecosystem and benefit from Qualcomm’s technology, domain expertise, strategic introductions and global network.
- Sector Focus
- Enterprise, mobility, AI, automotive, 5G, enterprise/data center, IoT and smart systems.
- Geographic Focus
- US, with significant India and cross-border investment experience.
- Location
- Santa Clara, California, United States.
Background
Varsha Tagare is a Senior Director at Qualcomm Ventures. Her Qualcomm Ventures bio says her current investment areas include Enterprise and Mobility, and lists active portfolio companies including Ethernovia, HDVI, Lookout, Mindtickle, Sibros, Zinier and Zuddl.
She has been with Qualcomm Ventures since 2013. Global Venturing reported that she joined Qualcomm Ventures in February 2013 after five years at Intel Capital in India, and that she later became head of Qualcomm Ventures India. Qualcomm Ventures’ own bio says she previously managed a $150M fund dedicated to India and cross-border Digital Enterprise investments, with IPO outcomes including MapMyIndia in 2021 and ideaForge in 2023.
Before Qualcomm Ventures, Tagare was an investment director at Intel Capital, responsible for global equity investments in mobile technology. Earlier at Intel, she worked across chip design, technical marketing and business development, including chip design work on Pentium II. She holds an M.S. in Electrical and Computer Engineering from the University of Wisconsin-Madison and a B.E. in Electrical Engineering from VJTI, University of Bombay, and Qualcomm Ventures says she holds two US patents in microprocessor design.
Tagare has also been recognized by Global Corporate Venturing as a Rising Star in 2019 and is a board member of Qualcomm’s Women Organization. Her LinkedIn profile lists her location as Santa Clara, California.
Investment Thesis & Focus
- Qualcomm Ventures states: “We invest in early to growth stage companies to accelerate the ecosystem.”
- The firm’s sector pages emphasize AI, automotive, mobile, enterprise/data center and smart systems. Its AI focus includes applying AI to industry verticals, AI-enablement platforms and foundational AI technology.
- Tagare’s current Qualcomm Ventures focus is Enterprise and Mobility; her visible portfolio indicates a strong emphasis on automotive software and networking, AI infrastructure, connected vehicles, mobile security, enterprise SaaS and India-US cross-border technology companies.
- Qualcomm Ventures’ value proposition is strategic: the firm says it enables entrepreneurs with “access to leading technology, domain expertise and network.”
- For Zuddl, Tagare said the company’s hybrid-events platform could enable “new applications and immersive experiences for the events sector using XR, AI and 5G,” showing interest in enterprise platforms that intersect with Qualcomm-relevant technology layers.
- For Upscale AI, Tagare’s LinkedIn activity emphasized that AI growth requires new networking innovation and highlighted open standards such as UAL, UEC and SONiC, indicating a preference for infrastructure companies solving core scaling bottlenecks with standards-based approaches.
Notable Investments
- Upscale AI: AI networking infrastructure company; launched with over $100M seed funding in September 2025 with Qualcomm Ventures participating, then raised a $200M Series A in January 2026 with Qualcomm Ventures also participating.
- Ethernovia: Ethernet-based packet-processor networking for autonomous vehicles, robotics and intelligent machines; Qualcomm Ventures is listed as an existing investor in its over-$90M Series B announced January 20, 2026.
- Auradine: Blockchain and AI infrastructure company focused on energy-efficient silicon, Bitcoin mining systems and AI data-center networking; Qualcomm Ventures participated in its $153M Series C announced April 16, 2025.
- Qorix: Middleware provider for software-defined vehicles; Qualcomm Ventures joined as a strategic minority shareholder in April 2025 alongside KPIT Technologies and ZF.
- Shadowfax: India logistics platform; Qualcomm Ventures’ team page lists Tagare as an investment manager, and Qualcomm Ventures says it invested in 2018 and remained involved through Series F before Shadowfax’s January 28, 2026 IPO.
- MapMyIndia: Indian digital maps, navigation, tracking and GIS company; Qualcomm Ventures lists Tagare as investment manager and notes the company’s 2021 IPO.
- ideaForge: Indian drone company; Qualcomm Ventures lists Tagare as investment manager and notes the company’s 2023 IPO.
- Zuddl: Virtual and hybrid events platform; raised $13.35M Series A in January 2022 led by Alpha Wave Incubation and Qualcomm Ventures, with a quote from Tagare in the company announcement.
- Sibros: Connected-vehicle platform for OTA software updates, vehicle data collection and diagnostics; Qualcomm Ventures lists Tagare as investment manager, and Sibros announced Qualcomm Ventures participated in its $70M Series B in January 2022.
- Mindtickle: Sales readiness and revenue productivity platform; Qualcomm Ventures lists Tagare as investment manager, and Qualcomm Ventures’ Mindtickle profile notes the relationship began in India with Tagare.
- Lookout: Mobile and cloud security company; Qualcomm Ventures lists Tagare as an investment manager.
- Zinier: AI-driven field-service automation platform; Qualcomm Ventures lists Tagare as investment manager.
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