Finserv Intelligence: Bajaj Finserv and IIT Bombay AI Push
Why in the news
Financial services group Bajaj Finserv joined hands with IIT Bombay to start a strategic programme for artificial intelligence and deep-tech work.
Key facts
- Initiative: Finserv Intelligence.
- Partners: Bajaj Finserv and Indian Institute of Technology Bombay.
- Planned outlay: ₹1,500-2,000 crore over five years.
- Where funds go: AI innovation startups and research projects.
- Research areas: cybersecurity, quantum technologies, healthcare and digital financial inclusion.
Exam angle
- Name of the initiative: Finserv Intelligence.
- Academic partner: IIT Bombay.
- Investment range and period: ₹1,500-2,000 crore over five years.