Tech
Karnataka Sets Aside INR 600 Cr To Bolster Deeptech, AI Innovation
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SUMMARY
As part of the plan, INR 150 Cr will go into a new DeepTech Elevate Fund, which will focus on AI and frontier technologies
Another INR 80 Cr will be channelled via the Elevate Beyond Bengaluru Fund to promote startups in Mysuru, Mangaluru, Hubballi-Dharwad, and Kalaburagi. The state will also invest INR 75 Cr through the Karnataka Information Technology Venture Capital Fund
To strengthen its position as India’s leading innovation hub, the state government is also exploring an INR…
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