India, Russia investors form $200m cross-border IT fund
India-listed Srei Infrastructure Finance and Russia’s state-backed Vnesheconombank have agreed to establish a $200 million fund that will promote IT and innovation exchange between the two countries.
“We will leverage the rich scientific heritage and growth potential of India and Russia,” Hemant Kanoria, chairman and managing director at Srei, said in a statement. “The fund will serve as a two-way...
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