Tata Trusts commits $4.7 mn for startup research facilities
Tata Trusts has committed $4.7 million under its Foundation for Innovation and Social Entrepreneurship (FISE) business incubator to set up startup research facilities. With the fund, FISE will establish the Tata Smart Energy Incubation Center, FISE's Founder Manoj Kumar said. At least one lab will go live every six months for two years, Kumar added.