StartupXSeed Ventures looks to invest in AI, AR firms

It will focus on building products and situations for business customers

Bengaluru-based deep technology focused venture firm StartupXseed Ventures LLP is looking to invest in emerging  firms in artificial intelligence (AI) and augmented reality (AR), focused on building products and solutions for business customers.

The Rs 100-crore Securities and Exchange Board of India (Sebi)-registered fund, founded by technology industry leaders of Bengaluru — T V Mohandas Pai and V Balakrishnan, former directors at Infosys, B V Naidu, former director of Software Technology Parks of India (STPI) — looks out for entrepreneurs who have deep technology-focused skills, but need support infrastructure to scale and grow business.

"We will provide support, other than