50K Ventures to invest $1 million in emerging Indian tech startups
Tuesday, April 18, 2017, 10:18 AM
Early-stage venture capital firm 50K Ventures has set aside $1 million to invest in startups from emerging technologies such as artificial intelligence, machine learning, augmented reality, virtual reality, blockchain, IoT and robotics. It plans to invest $50,000-100,000 in each of the 10-15 startups it finalises. The mentors plan to work with the startups till they hit scale and attract the next round of investors.