The marketing software producer will channel $3m into early-stage startups, with a focus on artificial intelligence and progressive automation targeting vertical markets.

India-based digital marketing software provider iCubesWire has launched a $3m innovation fund that will search for early-stage technology startups, Businessworld has reported.

The fund will target companies in the artificial intelligence and progressive automation sectors, driving development of products that align with iCubesWire’s own corporate philosophy.

The company plans to make six investments from the fund within the current Indian fiscal year, which ends on March 31, 2018.

Each commitment will be sized at between $500,000 and $700,000, and iCubesWire…