Intel Capital-backed mobile internet company One97 has raised $10m in series C funding from SAP Ventures.

SAP Ventures, the corporate venturing division of German-based software firm SAP, has invested $10m in mobile internet services firm One97, according to Indian newspaper the Economic Times.

One97 previously raised an undisclosed amount of series B funding from semiconductor Intel’s corporate venturing unit Intel Capital in January 2009. The financing was provided by the Intel Capital India Technology Fund, which has invested in several Indian startups.

In addition to Intel Capital and SAP Ventures, One97 has picked up funding…

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