Intel Capital invests $23mn in IndiaMart, One97 and Global Talent Track

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Intel Capital has invested a total of $23mn in Indiamart, One97 and Global Talent Track.

Indiamart is a B2B marketplace that assists buyers and sellers trade with each other using their platform.

One97 is a mobile VAS company and had raised series A financing of about $8-10 million from SAIF Partners and Silicon Valley Bank in 2007.

Global Talent Track is a vocational educational institute and earlier raised fund from Emergic Capital (Rajesh Jain).

Last year, Intel Capital invested about $50 million in 9 companies in India ($17mn in Yatra, BuzzInTown and Emnet Samsara Media Pvt)

Also read: Outlook for Indian Corporate Venture Capital