upGrad Floats AI Incubator With INR 100 Cr Allocation

The incubator aims to drive product innovation in startups

It will provide resources including infrastructure and seed capital

upGrad plans to invest in 5-6 startups over the next few months

Edtech major upGrad has launched an incubator, ‘upGrad AI Incubator’, to back homegrown AI startups.

 With an initial allocation of INR 100 Cr, the Mumbai-based company plans to invest in 5-6 startups over the next few months, it said in a statement.

With this incubator, upGrad aims to drive product innovation in startups by…