Intel unit invests $23 mln in 3 Indian firms

Wed Jan 14, 2009 5:26am EST
 
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MUMBAI, Jan 14 (Reuters) - U.S. chip maker Intel Corp's (INTC.O) investment arm said on Wednesday it has invested $23 million in three Indian unlisted technology firms using money from its $250 million India technology fund.

Intel Capital has invested in telecom value-added-services firm One97 Communications, business portal IndiaMART.com and educational institute Global Talent Track, it said in a statement.

Intel Capital said it has invested in about 60 Indian companies since 1998. (Reporting by Narayanan Somasundaram; Editing by John Mair)

 

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