Both SIDBI and Self Reliant India (SRI) Fund, owned by NSIC Venture Capital Fund Limited (NVCFL), a 100% subsidiary of The National Small Industries Corporation Limited, will invest about Rs 300 crore into Sorin
After unsuccessfully pushing for the reinstatement of Sam Altman as OpenAI CEO, Satya Nadella roped him in to lead Microsofts new advanced artificial intelligence (AI) research team.
Investors in the fund include Henry Kravis, George Roberts and other partners of the American global investment firm KKR & Co as well as Hero Enterprise chairperson Sunil Kant Munjal and a few other global and Indian family offices.