Bajaj Finserv commits ₹1,500 cr-2,000 cr over 5 years to AI innovation startups to bridge private R&D funding gap
Bajaj Finserv and other Bajaj Group companies will invest ₹1,500 crore- ₹2,000 crore in AI innovation startups over the next five years to bridge the gap in private sector funding of research in India.
The programme will prioritize early-stage companies, from seed to Series B stage funding, with strong scalability potential across AI, cybersecurity, quantum technology, fintech and consumer technology platforms, Bajaj Finserv, the holding company for the group’s financial services, said on Thursday. The planned investment will be managed by a dedicated team.
