By: Irfan Khan
Source : www.dealcurry.com
Intel Capital is investing $20Mn in six tech companies in India. It is investing in Saankhya Labs, Testing Czars, Financial Inclusion Networks and Operations, What's On India, enStage and Duron Energy.
It has already completed investments in Saankhya Labs, Testing Czars and FINO . Intel Capital has signed investment agreements with What’s on India, enStage and Duron Energy.
These investments are being made out of the $250Mn Intel Capital India Technology Fund established in December 2005.
Earlier in May, Intel Capital India announced investments in online travel company Yatra Online Pvt Ltd, mobile VAS company July Systems, online insurance retailer PolicyBazaar and healthcare tech company Sudhir Srivastava Robotics Surgery Center Pvt Ltd.
Other portfolio companies of Intel include Noida-based Wortal Technologies that runs local events portal BuzzInTown, Pune-based Persistent Systems, Infrasoft Technologies and KLG Systel.
Saankhya Lab is a semiconductor startup based out of Bangalore, India. Saankhya is developing a Universal Demodulator IC for Digital and Analog TV reception.
What's on India is a TV channel guide. It has earlier raised funding from Sequoia Capital and Nexus Venture Partners.
Bangalore based Testing Czars was established in 2004. It offers offers software testing and consulting services. The company’s clientele include Yahoo, Misys, CGI, Intel, LowerMyBills, Axentis, SAP, Qwest, INSZoom, Infact, and Intelligroup.
FINO designs technology solutions for banks, MFIs), insurance companies, government entities and consultants. It had earlier raised funding from IFC, HSBC Private Equity and Intel Capital.
enStage, Inc. provides banking systems and payment products to financial institutions and corporations. It raised funding from Accel Partners in 2009.
Duron Energy makes energy generation products for rural markets.The product is manufactured by contractors in Ahmedebad and Bangalore in ISO 9001 facilities.
Source: http://www.dealcurry.com/2011105-Intel-Capital-Announces-Investments-in-Six-Tech-Startups.htm
Source : www.dealcurry.com
Intel Capital is investing $20Mn in six tech companies in India. It is investing in Saankhya Labs, Testing Czars, Financial Inclusion Networks and Operations, What's On India, enStage and Duron Energy.
It has already completed investments in Saankhya Labs, Testing Czars and FINO . Intel Capital has signed investment agreements with What’s on India, enStage and Duron Energy.
These investments are being made out of the $250Mn Intel Capital India Technology Fund established in December 2005.
Earlier in May, Intel Capital India announced investments in online travel company Yatra Online Pvt Ltd, mobile VAS company July Systems, online insurance retailer PolicyBazaar and healthcare tech company Sudhir Srivastava Robotics Surgery Center Pvt Ltd.
Other portfolio companies of Intel include Noida-based Wortal Technologies that runs local events portal BuzzInTown, Pune-based Persistent Systems, Infrasoft Technologies and KLG Systel.
Saankhya Lab is a semiconductor startup based out of Bangalore, India. Saankhya is developing a Universal Demodulator IC for Digital and Analog TV reception.
What's on India is a TV channel guide. It has earlier raised funding from Sequoia Capital and Nexus Venture Partners.
Bangalore based Testing Czars was established in 2004. It offers offers software testing and consulting services. The company’s clientele include Yahoo, Misys, CGI, Intel, LowerMyBills, Axentis, SAP, Qwest, INSZoom, Infact, and Intelligroup.
FINO designs technology solutions for banks, MFIs), insurance companies, government entities and consultants. It had earlier raised funding from IFC, HSBC Private Equity and Intel Capital.
enStage, Inc. provides banking systems and payment products to financial institutions and corporations. It raised funding from Accel Partners in 2009.
Duron Energy makes energy generation products for rural markets.The product is manufactured by contractors in Ahmedebad and Bangalore in ISO 9001 facilities.
Source: http://www.dealcurry.com/2011105-Intel-Capital-Announces-Investments-in-Six-Tech-Startups.htm
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