Intel Capital invests $23mn in IndiaMart, One97 and Global Talent Track
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
About the author - Ashish Sinha is a Startup Mentor/Product Strategy Coach, and the founder/chief editor of pluGGd.in.
He has launched/managed couple of products (consumer as well as enterprise) in US and India, and now consults with startups/small businesses on their product/media strategy. He can be reached at: ashish (at) pluGGd.in [+91 98452 06443]
The link provided above of One97 is available for sale.
Actual link is
http://www.one97world.com
@Neeraj Agarwal, Thanks for correcting us. Have modified.