Global networking major Cisco is aggressively stepping up its next phase of investments in India, further to its $100 million investment in India so far. The company is scouting the region for equity investments in media, broadband and real estate, Cisco Ventures managing director Joydeep Bose said.
Of the $200-million investments in India, Cisco has already invested nearly $ 100 million and the company hopes to exhaust the next $100 million in another 18 months. Immediate on the company’s plans, is forming investment-backed alliances in India. The company already has such an alliance with Satyam in the healthcare sector and is in talk with two more companies in India aimed towards the real estate and collaborative networking space in India.
Read More in The Economic Times article.
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