Bajaj Finserv Invests ₹2000 Cr in AI, Quantum Tech

Bajaj Finserv has unveiled Finserv Intelligence, a substantial five-year initiative dedicated to developing scalable technology solutions for both India and the global market. The program, backed by an investment of ₹1,500-2,000 crore, will concentrate on critical domains such as artificial intelligence, cybersecurity, and quantum technologies.

This strategic move involves investing in early-stage startups, specifically those from seed to Series B funding rounds, that demonstrate strong scalability potential. Furthermore, Finserv Intelligence will partner with academic institutions, including an initial Memorandum of Understanding with IIT Bombay, to drive medium-term, transformational research and capability building. A dedicated in-house team of 40 professionals is also being assembled for this purpose.