Kolkata: Bengaluru-based pi Ventures, which seeks to raise $30-40 million in its maiden fund, is in talks with International Finance Corporation for an investment up to 20% of total commitment. “IFC proposes an equity investment of rupee equivalent of $3 million, not to exceed 20% of total …
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pi Ventures to invest Rs 200 cr in AI-focussed start-ups
Bengaluru: For Manish Singhal and Umakant Soni, it was a decision that had all the reasons to be made. With entrepreneurs finding novel ways to generate previously untapped data, artificial intelligence (AI)-based startups are gaining importance these days. So, they set up a unique AI-focussed fu…