Infosys co-founder launches startup incubator EduMentum

SD Shibulal, co-founder of Infosys, has launched a startup incubator EduMentum. The incubator will work for early-stage startups in offline education transformation space. EduMentum will provide $11.7K per annum to the selected startups along with a series of workshops. The aim of the programme is to incubate 50 startups across the country by 2022.