Qualcomm's corporate venturing arm has spent a third of its $150m India fund and plans to make six investments in the country per year.
Qualcomm Ventures, the corporate venturing unit that invests on behalf of mobile semiconductor maker Qualcomm, is targeting healthcare and mobile technology for its Indian deals, DealStreetAsia has reported.
Varsha Tagare, Qualcomm Ventures’ managing director for India, told DealStreetAsia it plans to invest in roughly six India-based startups per year, having already provided funding to 20 since 2007.
The unit invests out of a $150m India-focused fund it put together in 2015. Tagare, who took over its management from Karthee…
