Jungle pivots to AI in $300M India plan
Singapore-based Jungle Ventures has increased India’s share of its capital deployment to nearly 70% and expects to invest $200-300 million in the country every two
Singapore-based Jungle Ventures has increased India’s share of its capital deployment to nearly 70% and expects to invest $200-300 million in the country every two years, as it shifts almost all new investments towards artificial intelligence and advanced manufacturing, founding partner Amit Anand told ET.India is now its largest market, ahead of Singapore and Vietnam, Anand said. Its third fund deployed about 35% of capital in India. The firm
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