ReferIndia News IVCA's Rs 500 Crore Boost to Propel Indian AI Innovation

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IVCA's Rs 500 Crore Boost to Propel Indian AI Innovation

Published on: Feb. 17, 2026, 8:23 p.m. | Source: Devdiscourse

The Indian Venture and Alternate Capital Association (IVCA) committed Rs 500 crore to boost AI startups in India. The funding, announced at the India AI Impact Summit, aims to encourage scalable AI solutions with support from 16 leading VC funds. This move strengthens India's AI ecosystem.

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