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According to reports, the Japanese government and private sector plan to set up a 15 billion yen (US$140 million) fund to invest in over 100 startups in India, that deal with artificial intelligence (AI) and Internet of things (IoT). The deal is a part of ongoing collaboration between the two countries, that started in 2018 with the signing of a memorandum of co-operation in matters concerning IoT and AI.
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