BANGALORE: India's second largest software services firm Infosys will expand its 'Innovation Fund' five times to $ 500 million to provide financing to start-ups and new technologies like artificial intelligence.
"I am very excited that our board has approved expanding our start-up funding firm from 100 million dollars to 500 million dollars and we will dedicate a part of that investing in India," Infosys CEO and Managing Director Vishal Sikka said.
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