Traditional Indian businesses invest $50m in 11 start-ups this year

Traditional Indian businesses invest $50m in 11 start-ups this year

Photo: Mint

Traditional businesses are increasingly investing in start-ups to tap into disruption and gain from emerging technologies. More than a dozen such businesses have made investments totalling $50 million in 11 start-ups in 2017, shows data from Venture Intelligence, a research service focused on private company financials, transactions and valuations.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter