India
Bengaluru firm Shree Bhagavathi Tech Labs to raise ₹50,000 cr to float, fuel 18 startup ventures
✦ AI Brief
Shree Bhagavathi TechLabs, owned by Bhagavathi Devi Temple Trust, will receive funding from multiple investors to float and fund 18 start-up ventures across various business domains. These ventures will be based in the Central Business District (CBD) areas within the pincode 560001. FSTC, a pilot training institute, is one of the key investors in this project.