37% rural youth sans Internet access: Study
Infosys Ltd plans to invest USD 250 million (INR 1,554 crore) in “Innovate In India Fund”, aimed at supporting startups and new ideas.
The funding plan was announced by Infosys Chief Executive Officer and Managing Director Vishal Sikka in a meeting with the Prime Minister Narendra Modi in New Delhi, as according to a The Hindu report.
Infosys’ Innovate in India Fund will fund startups in India, and will help them scale up their technology and operations. “We look forward to working with innovative companies to strengthen our collective potential and also accelerate the success of the PM’s ‘Digital India’ mission,” said Vishal Sikka, Infosys CEO and MD.
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