upGrad Floats AI Incubator With INR 100 Cr Allocation

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SUMMARY

The incubator aims to drive product innovation in startups

It will provide resources including infrastructure and seed capital

upGrad plans to invest in 5-6 startups over the next few months

Edtech major upGrad has launched an incubator, ‘upGrad AI Incubator’, to back homegrown AI startups.

 With an initial allocation of INR 100 Cr, the Mumbai-based company plans to invest in 5-6 startups over the next few months, it said in a statement.

With this incubator, upGrad aims to drive product innovation in startups by…



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upGrad Floats AI Incubator With INR 100 Cr Allocation


SUMMARY

The incubator aims to drive product innovation in startups

It will provide resources including infrastructure and seed capital

upGrad plans to invest in 5-6 startups over the next few months

Edtech major upGrad has launched an incubator, ‘upGrad AI Incubator’, to back homegrown AI startups.

 With an initial allocation of INR 100 Cr, the Mumbai-based company plans to invest in 5-6 startups over the next few months, it said in a statement.

With this incubator, upGrad aims to drive product innovation in startups by…



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.

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