ARTPARK to launch $100 Mn venture fund

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ARTPARK, a nonprofit that backs technology-driven solutions for social problems, is set to launch a $100 Mn venture capital fund for Indian startups in the robotics and artificial intelligence sector. ARTPARK works closely with universities and researchers to develop cutting-edge technology solutions to real-world problems specific to India. 

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“We have the university ecosystem that produces world-class talents. Connecting them to an institution like ARTPARK will help them to work on their ideas, use our resources and scale up solutions,” ARTPARK’s CEO Umakant Soni told ET.

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