Samsung Venture invests $8.5 million in four start-ups

Samsung Venture Investment Corporation (SVIC), Samsung’s investment arm, that actively invests in early stage start-ups, announced its maiden investments in India, totalling $8.5 million in four start-ups.

Samsung works closely with start-ups committed to building innovative technologies across the globe, and has over $2.2 billion in assets under management.

SVIC has invested in a system apps company OSLabs (Indus OS); a speech technology start-up Gnani.ai; an IoT solutions provider Silvan Innovation Labs; and an early stage computer vision start-up.