Future Group launches consumer lab; sets up Rs 100-cr accelerator fund

Fund will be set up to fund operations, tech development & IPR creation by teams working at The Lab

Kishore Biyani-led Future Group on Friday announced the launch of the Future C&D Lab in Bengaluru, which would focus on the consumer and digital space to bring in next-generation innovations using artificial intelligence, big-data analytics, blockchains, Internet of Things, robotics and allied technologies. The research and development activities will be supported through a ~100-crore accelerator fund that will be set up to fund the operations, technology development and IPR creation by the teams working at the lab.

The lab brings together multiple teams and companies that are working on these areas, housed in a common, collaborative space set up by the