Bajaj Finserv launches ‘Finserv Intelligence’ to back India’s AI & deep-tech research and innovation; Partners IIT Bombay
Bajaj Finserv Ltd, one of India’s largest and most diversified financial services companies, recently announced the launch of Finserv Intelligence, a group-wide strategic initiative in applied research and innovation, focussed on high-tech, low unit-cost, highly scalable solutions, built in India, for India and the world.
Finserv Intelligence is designed as a holistic innovation ecosystem with a five-to-ten-year horizon for realisable impact. It will operate through an integrated model that brings together academic collaborations, investments in the start-up ecosystem, and in-house specialists. Drawing on leading global and domestic innovation models, the initiative envisages R&D labs, centres of excellence, venture-led models and Scholars-in-Residence programme for capability building.
To launch the initiative, Finserv Intelligence has partnered IIT Bombay, India’s premier academic and research institution. An MoU and Master Collaboration Agreement have been signed to establish a joint research centre and define a joint Statement of Work spanning AI, cyber security, quantum technologies and...
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