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Change Engine to invest $5 million in early-stage Indian AI startups over next five years


Startup accelerator Change Engine on Tuesday announced plans to invest over $5 million (about Rs 43 crore) over the next five years in early-stage AI startups from India. It aims to foster AI startups developing Machine Learning stack technologies and business applications from India for the global market, a company statement said.

“Each year, we will seed 6 startups with $50,000 each, followed by up to $1,50,000 through syndication, paving the way for over $5 million in total investment over the next three years,” said Varun Aggarwal, Founder of…



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