pi Ventures exercises greenshoe option for maiden VC fund; adds CDC as LP

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UK government-owned development financial institution CDC Group Plc has invested $6 million (Rs 42 crore) in the maiden fund of pi Ventures, an early-stage venture capital firm, said a statement. The Bengaluru-based firm focuses on investments in applied artificial intelligence and Internet of Things (IoT). The venture capital firm, which was previously ......