India's Tata Investing $5m in Tel Aviv University Tech Fund

Tata, part of Indian conglomerate Tata Group, will be the lead investor in a planned $20 million fund at TAU’s technology transfer company Ramot aimed at commercializing the university’s research.

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India’s Tata Industries will invest $5 million in a new Tel Aviv University technology fund, saying it saw the university as its Israeli research and development center.