Plaksha University launches Binny Bansal Institute for AI, robotics

Plaksha University, a technology university reimagining higher education and research in India, has launched the Binny Bansal Institute for Inventing the Future (IIF). This research institute, backed by Binny Bansal, founder, Flipkart and xto10x, is focused on developing innovative solutions to tackle global challenges using frontier technologies like artificial intelligence (AI), blockchain and robotics. Binny Bansal has given startup funding of Rs 70 crore to set up IIF.