New Delhi, April 6 Technology firm Take Solutions has launched an innovation fund with an initial investment commitment of Rs 5 crore, the company said in a regulatory filing on Monday.
The fund is aimed at identifying, investing in, and scaling high-potential startups operating at the intersection of Artificial Intelligence (AI), deep technology, and the rapidly expanding health and wellness sector, it added.
"Take Solutions Limited...announced the launch of its Innovation Fund with an initial investment of Rs 50 million," the filing said.
The Innovation Fund will focus on early- and growth-stage companies that are leveraging data, AI, and scientific innovation to transform healthcare delivery, diagnostics, and human health outcomes, it added.