Intel Capital invests $$23 million in India
Intel Capital, the investment arm of Intel Corp., said Wednesday that it will invest $$23 million in three Indian companies in areas ranging from online marketing to education.The investment comes as Intel's revenues are shrinking and the global credit crunch has made funding, even to relatively fast-growing countries like India, increasingly scarce.
Intel Capital will invest $200 million in six Indian technology firms to support innovation and entrepreneurship, the global chip maker Friday said in Bangalore.