Bengaluru firm Shree Bhagavathi Tech Labs to raise ₹50,000 cr to float, fuel 18 startup ventures

City-based Shree Bhagavathi TechLabs, owned by Bhagavathi Devi Temple Trust astatine Solur successful Ramanagara district, said it volition person ₹50,000 crore from aggregate investors to float, fund, and standard 18 antithetic start-up ventures crossed concern domains by August 2026. Offices of these businesses are expected to travel up in Central Business District (CBD) areas, wrong the limits of pincode 560001.

The cardinal capitalist volition beryllium FSTC (Flight Simulation Technique Centre), a aviator grooming institute successful which Adani Defence Systems & Technologies Ltd picked up a majority involvement astatine ₹820 crore past year.