IDG Ventures India and Axilor Ventures have formed an initiative called Frontier Tech Innovators to invest in early-stage disruptive technologies.
IDG Ventures India, a venture capital affiliate of media and events firm International Data Group, has formed a partnership with accelerator and seed fund Axilor Ventures to invest in disruptive startups.
The Frontier Tech Innovators initiative will seek to make investments in advanced technologies such as artificial intelligence, robotics, blockchain, drones, autonomous driving systems and augmented and virtual reality.
The scheme will accept roughly 20 startups at seed or pre-series A stage, with the partners particularly interested in those that…
