Centre convenes roundtable on how to finance AI start-ups

The ministry of electronics and information technology (MeitY) on Tuesday held a roundtable on how to finance AI start-ups under the ‘INDIAai’ mission, during which venture capitalists, angel investors, and AI start-ups told government officials that giving grants alone do not work, and that funds should be given to entities that are actually working in the AI space, three people aware of the matter told HT on condition of anonymity.