Intel Capital Invests US$23 Million in India
Mumbai, March 25, 2010 -Intel Capital, Intel Corporation's global investment organization, today reaffirmed its commitment to Indian entrepreneurship by detailing plans to invest US$23 million in three Indian technology companies:
- July Systems provides mobile Internet solutions which enable media brands to publish, distribute, monetize inventory and personalize services for consumers;
- KLG Systel provides smart grid and energy management and efficiency solutions to power utilities and end-users; and
- MCX, a leading commodity futures electronic exchange in India, has permanent recognition from the Government of India for facilitating online trading, clearing and settlement operations for futures market across the country.
About Intel Capital
http://www.intelcapital.com.
About July Systems
www.julysystems.com
About KLG Systel
www.klgsystel.com
About MCX
http://www.mcxindia.com
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* Other names and brands may be claimed as the property of others.
* Other names and brands may be claimed as the property of others.
Released Mar 25, 2010 • 12:00 AM EDT