Bajaj Finserv To Invest Up To ₹2,000 Cr In AI Startups Over Next 5 Years

by · Inc42

SUMMARY

  • Under the initiative, the financial services major intends to back startups with “strong scalability potential” across AI, cybersecurity, quantum technologies and fintech
  • The company said the Finserv Intelligence initiative will also include R&D labs, centres of excellence, venture-led models and a residential programme to build capabilities
  • This comes two months after Bajaj Finserv chairman Sanjiv Bajaj announced plans to invest between ₹400 Cr to ₹450 Cr in AI-focused ventures in FY27