Cisco starts VC investing in India
VentureWire (you’ll need a subscription) has a piece today about plans by Cisco Systems to establish a venture capital arm to invest in companies in India. Cisco, the San Jose networking giant, will focus its investments on three areas: companies that offer innovative technologies; companies with innovative business plans that can help Cisco understand how to do business in India; and companies that can help Cisco develop the demand for networking in India. The announcement was made in India by Sameet Mehta, manager of business development for Cisco.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
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