Bajaj Finance acquires 5% stake in TrueFan AI

Bajaj Finance, part of Bajaj Finserv, has acquired a 5% stake in AI-powered video generation platform TrueFan AI for an undisclosed value. The investment has been made as part of Finserv Intelligence, Bajaj Finserv’s group-wide strategic initiative focused on applied research and innovation in high-tech, scalable solutions built in India for India and global markets. The initiative will enable Bajaj Finance to invest in technology startups, particularly early-stage companies from seed to Series