"The Digital Innovation Fund will help start-ups embarking on artificial intelligence and progressive automation, while heading towards futuristic multi-channel marketing monopolistic business," said iCubesWire Founder Sahil Chopra in a statement here.
As a pioneer in performance marketing and agency vertical, the city-based seven-year-old company has an AI-enabled digital innovation called Instatalk, which provides instant solution to end-users.
"We are ready to invest in start-ups which can create value and grow with us. With this fund, we aim to hone ideas and help them achieve greater heights," said Chopra.
Next-generation solutions will be beneficial for the digital ecosystem and will create an environment full of innovativeness and brilliance.
iCubesWire works with about 400 brands ranging from e-commerce, automobile, technology, financial institutes, travel to hospitality.
It also affiliates 10,000 publishers across social, search, e-mail, display, rich media and videos, which help it deliver digital concepts to the brands they work with.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.