Google doubles down on India AI opportunity with plan to fund local AI startups

Alphabet Inc.’s Google and venture capital firm Accel will partner to fund at least 10 early-stage Indian AI startups, in the first such funding partnership involving the search giant.

Under the partnership, Google’s AI Futures Fund and Accel will co-invest up to $2 million in each startup, Accel partner Prayank Swaroop told Reuters in an interview, with the investments focussed on the wide areas of entertainment, creativity, work and coding.