India, Nov. 3 -- The Karnataka government has announced an INR 600 Cr plan to back entrepreneurs building technologies in areas of artificial intelligence (AI), machine learning (ML), quantum computing, robotics, advanced manufacturing, and sustainability-focussed innovation.
In a statement, the minister of electronics, information technology & biotechnology, Priyank Kharge, said that the initiative aims to strengthen the state's deeptech startup ecosystem and make Karnataka the 'deeptech capital of India'.
As part of the plan, INR 150 Cr will go into a new DeepTech Elevate Fund, which will focus on AI and frontier technologies. Another INR 80 Cr will be channelled via the Elevate Beyond Bengaluru Fund to promote startups in Mysuru, Man...
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