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During the 2021-22 fiscal year, 13 startup companies executed agreements to access foundational intellectual property and commercialize new technologies developed at the University of California, Davis.
Yes Bank has long aspired to make investments in India's expanding IT marketplaces and work with supporting tech businesses.
The University of California, Davis, is awarding $450,000 to help scientists advance compelling research and innovations toward commercial applications through two proof-of-concept grant programs. To date, these programs have delivered $2.9 million to help campus innovators overcome the primary hurdle of access to funding during one of the most challenging phases in new technology development.
Apoorva Ranjan Sharma from Venture Catalyst and Ramit Mittal from Bharti Family also participated in the round
The fund, which invests fintech and edtech sectors, will make five to seven investment bets with an average cheque of INR 10 Cr-INR 12 Cr