The funding will come from the $250 million Intel Capital India Technology fund.
Arvind Sodhani, president of Intel Capital and Intel Executive Vice President said, "Intel Capital places a great deal of importance on encouraging entrepreneurship and technology innovation in India and our latest investments in Yatra.com, BuzzInTown.com and Emnet Samsara are proof of that."
Yatra is an online travel portal, BuzzInTown.com, an events-oriented social network extensible across web and mobile platforms and Emnet Samsara Media Pvt Ltd, an out-of-home (OOH) advertising company focusing on the Indian public transportation market.
"Intel Capital continues to demonstrate the stage-agnostic nature of our investing style by supporting any lucrative technology companies in various and any stages of their growth and examples of these are Yatra which is a late stage deal, BuzzInTown.com which is an early stage deal and Emnet Samsara which is in a strong position with product roll-out and increasing customer traction" said Sudheer Kuppam, Managing Director, Intel Capital, India, Japan, South East Asia and Australia.
Since starting in India in 1998, Intel Capital has invested in approximately 50 companies across eight cities.
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