Navin Shenoy, vice-president of Asia-Pacific at Intel, said: "As PC [personal computer] ownership rises among Indian households, there is growing demand for online services and content."
Intel Capital, the corporate venturing unit of US-listed chip maker Intel, has agreed to invest $20m in six India-based companies using its $250m India Technology Fund set up in 2005.
The six deals are for Saankhya Labs, a fabless semiconductor company; TestingCzars, which tests mobile applications; What’s on India, an electronic television programme guide formerly known as MediaE2E; electronic payments provider EnStage that has venture capital firm Accel on its board; solar power products maker Duron Energy that was incubated…
