Change Engine to invest $5 million in early-stage Indian AI startups over next five years

Share via:


Startup accelerator Change Engine on Tuesday announced plans to invest over $5 million (about Rs 43 crore) over the next five years in early-stage AI startups from India. It aims to foster AI startups developing Machine Learning stack technologies and business applications from India for the global market, a company statement said.

“Each year, we will seed 6 startups with $50,000 each, followed by up to $1,50,000 through syndication, paving the way for over $5 million in total investment over the next three years,” said Varun Aggarwal, Founder of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Change Engine to invest $5 million in early-stage Indian AI startups over next five years


Startup accelerator Change Engine on Tuesday announced plans to invest over $5 million (about Rs 43 crore) over the next five years in early-stage AI startups from India. It aims to foster AI startups developing Machine Learning stack technologies and business applications from India for the global market, a company statement said.

“Each year, we will seed 6 startups with $50,000 each, followed by up to $1,50,000 through syndication, paving the way for over $5 million in total investment over the next three years,” said Varun Aggarwal, Founder of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

A totally new look for iOS 19 will likely...

A Bloomberg report yesterday suggested that iOS 19...

Viasat Demonstrates Direct-to-Satellite Connectivity for Vehicles in South America

Satellite communications company Viasat announced that it has...

Coinbase Registers With FIU To Launch Crypto Trading Services

SUMMARY Coinbase has reportedly registered with India’s Financial Intelligence...

Popular

Upcoming Events

Former startup executives catch AI bug

Scores of senior executives at some of India’s...

VPS Hosting: Create Environments For Software Development and Staging

VPS Hosting For Software Development and Staging Developers always look...

Radiology AI software provider Gleamer expands into MRI with...

Medical imaging is a broad term that encompasses...
d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa d.fesdfrwa.dfa