Imperial Innovations Group plc (AIM:IVO), announced that £1.5 million of seed funding has been raised for i2india Holdings Limited (“i2india”), a technology commercialisation and investment company focused on creating commercial value from intellectual property developed in India. Imperial Innovations holds a 35% stake in the company.Susan Searle, CEO of Imperial Innovations, joins the board of i2india as a director alongside Chris Mathias, an entrepreneur and co-founder of Conduit Communications, a software and web development company.
source: VC circle
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