Dell to invest In India startup
Dell ventures is planning to bet big on the Indian stratups ecosystem and eyeing to put in money in new-age disruptive stratups in the country.
India comes at a time big gun like Soft-Bank,Alibaba and Amazon are pumping in billions of dollars of in fastest growing market.
Dell Ventures is also expected to formally announce its plans for India in the next few months.
In 2013, Dell revived its plans to in stage startups and signaled its intentions by announcing the creation of a fund called the Strategic Innovation Fund, shortly after going private.
The company would be open to making strategic partnerships, and not necessarily financial investments, with startups that it backs in Asia, citing the example of Dell’s recent partnership with Indian mobile ad startup In M obi in September when founder Michael Dell had flown to India for a short trip to meet local startups.