Intel Capital Invests $65 mn in 16 Companies Including Car Rental Company Savaari

intel_capital_logo.gifChipmaker Intel’s investment arm Intel Capital has invested a total of $ 65 mn in India based Perpetuuiti TechnoSoft Services, Savaari Car Rentals and 14 other companies in other countries.

The company announced the investments at the annual Intel Capital Global Summit.

Savaari Car Rentals is an online car company (Read our Interview with the Savaari team) which raised about $1 mn from Inventus capital last year.

Here are the other investments that were announced:

  1.  CloudFX (Singapore)
  2. Cloud storage software provider Cloudian (Japan/USA)
  3. Community website and services platform CSDN (China)
  4. 3-D software developer DotProduct(USA)
  5. Cloud file service Fileforce (Japan)
  6. Interactive video platform Interlude (Israel)
  7. High-speed connectivity products company Lintes Technologies (Taiwan)
  8. Mobile news syndicator Mobiles Republic (France/USA)
  9. Visual merchandising and analytics solutions Prism Skylabs (USA)
  10. Hybrid storage provider Reduxio Systems (Israel)
  11. Chip simulation acceleration Rocketick (Israel)
  12. Semiconductor materials developer SBA Materials (USA)
  13. Open source database solutions SkySQL (Finland)
  14. Wireless electricity developer WiTricity (USA).

Perpetuuiti Technosoft Services offers real time information for business continuity planning and disaster recovery.

Intel’s global investment and M&A organization, Intel Capital  has invested more than $11 bn in over 1,322 companies in 54 countries.

In August, the company announced its investment in NxtGen, a cloud based data center solution provider. Three Asian e-commerce firms, including Snapdeal raised a total of $16 mn from Intel capital in June this year.

Recommended ReadUnlike in the Silicon Valley, India is about execution than Innovation: Pradeep Tagare,Director, Intel Capital India

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