GenNext Ventures, Microsoft partner to launch innovation hubs

Mumbai, Sept 5 (IBNS): GenNext Ventures, the venture investment management arm of Reliance Industries Ltd (RIL), on Friday signed a three-year partnership with Microsoft India, through Microsoft Ventures in India, to set up GenNext Innovation Hubs, a pan India initiative to catalyze the country's technology startup ecosystem. The Memorandum of Understanding (MoU) was signed by R. A. Mashelkar, Chairman, GenNext Ventures and Board Member, RIL, and Bhaskar Pramanik, Chairman, Microsoft India.