Three companies in Intel Capital India's portfolio will be available in 2011.
These are the online travel portal Yatra.
Real image and mobile value-added services company One97 Communications, Digital projector supplier.
Three companies in Intel Capital India's portfolio will be available in 2011.
These are the online travel portal Yatra.
Real image and mobile value-added services company One97 Communications, Digital projector supplier.
"Yatra is likely to be available sometime in the coming year.
Given the success of a similar company recently (www. makemytrip. com)
Yatra made a clear decision on Nasdaq.
Com will be listed overseas.
No timetable for the IPO (
First public offering)
However, "the Sudheer Kumar issued a call, general manager-
India, Japan, ANZ and Southeast Asia, according to Intel Capital.
Kuppam did not disclose the details of the international market it may open up.
"We will evaluate its market opportunities and answer the phone, so" Dhruv helicopter Shringi United
Said the founder and CEO of Yatra Online Pvt Co. , Ltd.
Yatra's investors include Reliance Venture Capital Management Co. , Ltd. , Venture capital department of networkada group, network 18 (erstwhile TV18)
Venture Capital Group and nosey (NVP).
The second Intel portfolio company likely to go public next year is Chennai-
Digital projection system for mini theater based on real image. “On a pan-
India's market share is about 12%.
In southern India, however, this ratio is much larger . "
On the other hand, the third portfolio company-
One97 Communications-
Public release had to be postponed.
The company will launch an IPO near the Rs120 crore this month, but the sponsors have postponed the IPO due to the unfavorable market environment.
Kuppam said that the possibility of withdrawing from an IPO investment depends largely on the fund invested, the holding period of that particular investment and the timetable for returning the funds to the limited partners --
Investors in the fund.
"We see a lot of things when our portfolio companies go public.
Let's take a look at the opportunity, which company is the leader in this area, and if we decide to withdraw completely from the investment, the possibility of additional growth in the future and the chance of being invested in the company to survive.
In addition, we will also pay attention to our return on investment and whether the investment has been optimized.
"Companies Listed next year are largely in a strong growth market, and the decision to hold or withdraw will bring Intel back to the US," he said . ".
Intel Technology-Intel Capital
The venture capital-focused entity has invested in India for more than ten years.
It entered the local market in 1998 and launched its first fund in December 2005.
"Our portfolio in India includes about 60 companies and so far we have withdrawn from about 16 investments.
We recently acquired a minority stake in Bangalore.
Intel Capital and Executive Vice President Arvind Sodhani Omnesys Technologies based on an undisclosed amount
Intel president said.
In 2010, Intel Capital invested about $45 million in eight investments, including $5-$5.
6 million technology in Omnesys.
Intel Capital India Technology Fund has invested about $0. 25 billion in its $ 60% capital so far, and once it reaches the 80% threshold, it may announce a new fund.
Intel Capital mainly invests in balance sheet currency or proprietary capital.
"As part of Intel, we have only one limited partner and the investment is made using balance sheet funds.
So we don't have such a fundraising process.
However, it will take some time for the new fund, although the corpus will be equivalent to or higher than our corpus in the first fund, "Kuppam said. The technology-
Key areas of Intel Capital investment include data centers (Cloud computing)
Smart TV mobile, software and services, and consumer Internet.