Strategic investors are set to help their Indian mobile services portfolio company One97 float to raise money to buy more telecoms equipment.
Strategic investors are set to help their Indian mobile services portfolio company One97 float to raise money to buy more telecoms equipment.
Intel Capital, the in-house venture capital division of chip maker Intel, has previously invested in One97, along with US-based financier Silicon Valley Bank (SVB) and Hong Kong-based SAIF Partners, which has raised $2bn over the past nine years and this month started raising $1bn for its next fund.
SAIF’s 41% stake…