Bertelsmann
Bertelsmann India Investments plans funding exceeding $500M to back tech startups
German media, services, and education company Bertelsmann said Tuesday that its strategic investment arm Bertelsmann India Investments (BII) has raised $500 million to back Indian technology startups. Bertelsmann has implemented its group-wide Boost 25 strategy, and plans to invest between €5 billion ($5.29 billion) and €7 billion ($7.4 billion) by 2025 as…
