India, Japan to launch $187 Mn Fund Of Funds for startups. Fund will be launched during PM Narendra Modi’s visit to Japan for G-20 summit. Investors Mizuho Bank, Development Bank of Japan, Nippon Life & Suzuki will participate. Reliance Nippon Life Asset Management will manage the fund. The FOF will invest in unique Indian tech startups. FoF will invest in startups in the fields of iOT, AI, healthcare, fintech, edtech & robotics.
