Now Intel Capital mulls to invest in Indian BPO
Intel Capital the financial arm of $ 26.7 billion Intel Corporation is tentatively seeking to invest in the soaring Indian BPO Industry. But Intel Caps will employ priority on make investments in the companies for access deployment of Wi-Fi (Wireless Fidelity) Hotspots and WiMax Networks, communications software and security services. With the growing presence of BPO in India – the move comes as no surprise since major corporate firms from US and Europe are flocking in to outsource their business services in India.
In a statement published in Economic Times, Intel Capital president of Intel Capital, Mr John H F Miner says, “we are seriously committed to invest in wireless communication, besides investing in technology companies in helping meet the users’ needs.” The BPO infrastructure in India is luring several corporate bigwigs and Intel Capital is another yardstick to measure the demolishing growth of BPO in India.
