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The head of Microsoft Corporation’s newly created corporate ventures arm said on Tuesday that it is close to making a strategic investment in an Indian technology start-up, adding that it is looking at a number of sectors in India, including transportation and education in terms of potential investment bets.
The company usually makes early-stage investments in the range of $50,000-$300,000 in start-ups, said Rahul Sood, general manager and partner of Microsoft Ventures.
It also focuses on larger strategic investments when it intends to partially or completely acquire a promising upcoming technology firm, as and when such opportunities arise, Sood said.