Following similar initiatives in countries such as Canada and France, Cisco has announced an India digitisation drive that will include a $40m corporate venturing fund.
US-based networking equipment manufacturer Cisco is set to invest a total of more than $100m in India to support digitisation, a commitment that includes a $40m fund aimed at early-stage startups.
Cisco will work closely with India’s state governments and will assist with the opening of six new innovation labs, three centres of expertise and funded university collaborations. The company plans to train 250,000 students in the country by 2020.
The fund will focus on sectors including the cloud, cybersecurity,…
