Innovation Takes-Flight in India

India's National Association of Software and Service Companies has launched a $25 million innovation-fund in collaboration with ICICI Knowledge Park.
The Knowledge Park Innovation Fund (NIIF) is expected to be operational within the next three months and attract a first-round of investments from 8-10 institutional investors.

Investors include India’s largest services company, Tata Consultancy Services, and the country’s leading private telecom operator, Bharti-Airtel.

Via Red-Herring

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