Intel Capital reinvests in Vriti Infocom amid listing of six portfolio companies.
Intel Capital, the corporate venturing division of US-listed semiconductor company Intel, has reinvested in Vriti Infocom, an India-based education company, as it prepares a host of flotations.
Vriti has raised $5m in its series B round with Japan state-backed venture capital firm Jafco Asia leading. Murli Ravi, senior investment manager for south Asia at Jafco and who now joins Vriti’s board of directors, said: "Within India alone, 60 million students prepare for curricular, competitive entrance and professional exams every year,…
