Intel Capital Invests In Snapdeal, Bright Lifecare And S'pore Co
With these investments Intel hopes to drive innovation in the fast-growing e-commerce and distribution industries.
Intel Capital has investments in 26 countries. In 2012 it invested US$352 million in 150 investments globally, with approximately 57 percent of funds invested outside North America. In 1998, Intel Capital, started investing in Asia Pacific and has till now invested over $2 billion in more than 320 technology companies across the region of which over 60 companies have gone public or have been acquired.
When it comes to India, Intel invested over $320 million in more than 80 companies across 10 cities, since 1998. And last year it invested in six companies- Hungama.com, Yatra.com, July Systems, Tejas Networks, WSO2 Inc. and Saankhya Labs.
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