Local telecoms conglomerate Spice Mobility said it would cornerstone the Assocham fund by committing 10% to 20%.
The Associated Chambers of Commerce and Industry of India (Assocham) is raising about R200 crore ($45m) Digital Incubation Fund next month to invest in information technology start-ups, especially in the mobile telephones.
Local telecoms conglomerate Spice Mobility said it would cornerstone the fund by committing 10% to 20%.
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