Panasonic Corporation’s Corporate Venture Capital Fund initiative, Panasonic Kurashi Visionary Fund (PKVF), “is committed to investing ₹450 crore to support start-ups across India, Japan and Europe,” stated Kunio Gohara, Chief Transformation Officer (CTRO) and Head of the CVC workplace, Panasonic Corporation.
Mr. Kunio stated PKVF was established to sort out social issues globally and goals to enrich and remodel individuals’s lives.
The fund’s focus areas embody well-being, decarbonization, vitality, meals and spatial infrastructure and rising existence.
Manish Sharma, Chairman, Panasonic Life Solutions India stated, “India is the world’s third largest start-up ecosystem with more than 1.25 lakh start-ups and 110 unicorns and Panasonic is looking forward to being part of this journey through our initiatives.”
Panasonic established its India Innovation Centre in 2017 with an preliminary funding of ₹240 crore.
