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Qualcomm to invest $150 million in India-specific fund

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US-based chipmaker Qualcomm, through its venture arm Qualcomm Ventures, will invest up to $150 million (about Rs. 980 crore) through a new India-specific fund. The fund - Strategic Venture Fund – will invest in technology start-ups across all stages.

The fund would provide financial, marketing, technology and business support for start-ups, the company said, adding it would “fuel innovation and foster promising Indian start-ups who are contributing to the mobile and Internet of Everything...

Qualcomm to invest $150 million in India-specific fund

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