{"id":857816,"date":"2024-09-20T09:06:22","date_gmt":"2024-09-20T03:36:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=857816"},"modified":"2024-09-20T09:06:22","modified_gmt":"2024-09-20T03:36:22","slug":"infosys-to-invest-rs-17-crore-in-iit-m-incubated-spacetech-startup-galaxeye","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/20\/infosys-to-invest-rs-17-crore-in-iit-m-incubated-spacetech-startup-galaxeye\/","title":{"rendered":"Infosys to invest Rs 17 crore in IIT M-incubated spacetech startup GalaxEye"},"content":{"rendered":"<p>Infosys on Thursday said it has agreed to invest in space-tech startup, GalaxEye Space Solutions Pvt Ltd up to Rs 17 crore (approximately $2 million) as part of Infosys Innovation Fund. The cash investment will involve Infosys picking up a minority stake, less than 20%, as part of the series A round to pick up equity and compulsory convertible preference shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Infosys on Thursday said it has agreed to invest in space-tech startup, GalaxEye Space Solutions Pvt Ltd up to Rs 17 crore (approximately $2 million) as part of Infosys Innovation Fund. The cash investment will involve Infosys picking up a minority stake, less than 20%, as part of the series A round to pick up equity and compulsory convertible preference shares.<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-857816","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=857816"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/857816\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=857816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=857816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=857816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}