Intel Capital says high appetite for India
In 2013, Intel Capital had said it would invest $16 million (around Rs 101 crore) in three e-commerce ventures across Asia, including two Indian firms — Bright Lifecare and Snapdeal. During the year, the firm had also invested $65 million (Rs 411.2 crore) across 16 technology companies including two from India — Perpetuuiti Technosoft and Savaari Car Rentals. Besides, these four Indian companies, Intel Capital also invested in eTechAces Marketing and Consulting (which operates insurance website PolicyBazaar), and IT infrastructure services provider NexGen.