Suzuki Starts $40 Million India Fund to Help Rural Startups.

Suzuki Motor Corp. has launched a $40 million fund in India called Next Bharat Venture, aimed at investing in small rural businesses and improving its presence in the Indian market. The fund will focus on startups related to agriculture and microfinance, and will also provide training to rural entrepreneurs. Suzuki hopes that this initiative will help it reach a wider audience and create business opportunities in underserved areas. The fund will be led by Vipul Nath Jindal and operate out of three offices in Gujarat, Bangalore, and Hyderabad. [Extracted from the article]