IISc-promoted Artpark to launch $100-M VC fund

AI & Robotics Technology Park (Artpark) promoted by Indian Institute of Science (IISc) is in the process of launching a $100 million venture fund. The fund's size of investments will be in the range of $1-3 million and the time horizon for investment would be 10-12 years. The fund is primarily looking to invest in start-ups based on AI and Machine Learning, which are into healthcare, education and mobility.