BMW expands its venture capital fund 5-fold to ₹3,627 crore
BMW is increasing the size of its venture capital fund, BMW i Ventures, nearly fivefold to $530 million (₹3,627 crore) from around $106 million (₹725 crore), according to a German business daily. The fund has been focussed on themes such as electric mobility and mobility services, and plans to expand to autonomous driving, digitalisation, cloud services and artificial intelligence.