Since 1998 Intel Capital, the global investment arm of Intel Corporation, has invested in 50 Indian companies. Now Intel Capital is back in news for a significant investment in India. The investment company recently invested a sum of $17 million (around Rs. 70 crore) in three Indian companies.
The three lucky companies are online travel website Yatra.com, the event based social network BuzzInTown.com and the out-of-home (OOH) advertising agency Emnet Samsara Media Pvt Ltd.
Intel Capital has plans on investing in the solar energy sector and the telecom sector through WiMax network.
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