+
Panasonic's Venture Fund Commits Rs.450 Crore to Global Start-ups
ECONOMY & POLICY

Panasonic's Venture Fund Commits Rs.450 Crore to Global Start-ups

In a strategic move to foster innovation and address global social challenges, Panasonic Corporation's Corporate Venture Capital Fund, Panasonic Kurashi Visionary Fund (PKVF), has announced a commitment of ?4.5 billion to support start-ups across India, Japan, and Europe. Kunio Gohara, the Chief Transformation Officer (CTRO) and Head of the CVC office at Panasonic Corporation emphasized the fund's dedication to investing in ventures that aim to enrich and transform people's lives.

PKVF, established with the mission to tackle social problems globally, is set to focus on a range of critical areas including well-being, decarbonization, energy, food, spatial infrastructure, and emerging lifestyles. This comprehensive approach underscores Panasonic's commitment to contributing positively to society while fostering innovation.

Manish Sharma, Chairman of Panasonic Life Solutions India, highlighted the significance of this initiative in the context of India's vibrant start-up ecosystem. With over 1.25 lakh start-ups and 110 unicorns, India stands as the world's third-largest start-up hub. Sharma expressed Panasonic's eagerness to engage with this dynamic ecosystem and contribute to its growth trajectory through strategic investments and partnerships.

Panasonic's commitment to fostering innovation in India is further underscored by its establishment of the India Innovation Centre in 2017, backed by an initial investment of ?2.4 billion. This initiative demonstrates the company's long-term vision and dedication to leveraging India's potential as a hub for technological innovation and entrepreneurship.

As Panasonic continues to expand its footprint in India and beyond, the PKVF initiative reaffirms its commitment to driving positive change and innovation on a global scale. Through strategic investments in start-ups and initiatives focused on addressing pressing social challenges, Panasonic aims to create a brighter and more sustainable future for communities around the world.

In a strategic move to foster innovation and address global social challenges, Panasonic Corporation's Corporate Venture Capital Fund, Panasonic Kurashi Visionary Fund (PKVF), has announced a commitment of ?4.5 billion to support start-ups across India, Japan, and Europe. Kunio Gohara, the Chief Transformation Officer (CTRO) and Head of the CVC office at Panasonic Corporation emphasized the fund's dedication to investing in ventures that aim to enrich and transform people's lives. PKVF, established with the mission to tackle social problems globally, is set to focus on a range of critical areas including well-being, decarbonization, energy, food, spatial infrastructure, and emerging lifestyles. This comprehensive approach underscores Panasonic's commitment to contributing positively to society while fostering innovation. Manish Sharma, Chairman of Panasonic Life Solutions India, highlighted the significance of this initiative in the context of India's vibrant start-up ecosystem. With over 1.25 lakh start-ups and 110 unicorns, India stands as the world's third-largest start-up hub. Sharma expressed Panasonic's eagerness to engage with this dynamic ecosystem and contribute to its growth trajectory through strategic investments and partnerships. Panasonic's commitment to fostering innovation in India is further underscored by its establishment of the India Innovation Centre in 2017, backed by an initial investment of ?2.4 billion. This initiative demonstrates the company's long-term vision and dedication to leveraging India's potential as a hub for technological innovation and entrepreneurship. As Panasonic continues to expand its footprint in India and beyond, the PKVF initiative reaffirms its commitment to driving positive change and innovation on a global scale. Through strategic investments in start-ups and initiatives focused on addressing pressing social challenges, Panasonic aims to create a brighter and more sustainable future for communities around the world.

Next Story
Technology

Godrej Enterprises Group Launches SafeLog IoT Solution for Forklifts

Godrej Enterprises Group (GEG), through its Material Handling Equipment (MHE) business, has introduced SafeLog – Vehicle Monitoring System, an IoT-enabled solution aimed at improving safety, efficiency, and reliability in forklift operations. The system delivers real-time insights, proactive maintenance alerts, and fleet analytics, enabling businesses to reduce unplanned downtime by 10 per cent and enhance asset utilisation by 15 per cent. Integrated into GEG’s forklift range, SafeLog is designed for seamless scalability and reliability, even in low-connectivity environments. Data is ..

Next Story
Resources

Garuda Aerospace Hosts Defence Officers at New Chennai Facility

Garuda Aerospace, backed by M.S. Dhoni, hosted officers from the College of Defence Management (CDM), Hyderabad, at its newly inaugurated manufacturing facility in Chennai. The visit underscored the growing collaboration between India’s defence sector and its emerging drone industry, highlighting the role of unmanned aerial vehicles (UAVs) in modern defence operations. Officers and trainees toured the Drone Assembly and Quality Assurance Zone, R&D and Simulation/Testing Rooms, and the RPTO Training Facility. They gained exposure to Garuda’s production, simulation, and pilot traini..

Next Story
Infrastructure Transport

Man Structurals Completes Katni Grade Separator Project Trial Run

Man Structurals has marked a milestone with the successful trial run of the Katni Grade Separator Project on July 19, 2025. Executed by IRCON under the West Central Railway Zone, the project is among Asia’s longest grade separator bridges. The company’s role in the UP Line trial received recognition from the Hon’ble Minister of Railways, Shri Ashwini Vaishnaw. “It’s an honour to contribute to a project of national importance,” said Gaurav Rungta, Managing Director, Man Structurals. “Being part of such a transformative initiative and receiving recognition at the highest level..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?