Qualcomm to invest up to 150 Million Dollar in Indian start-up companies

Dr-Paul-E.-Jacobs-Executive-Chairman-Qualcomm-Incorporated-300x300Qualcomm Incorporated has announced its intention to invest up to $150 million in Indian start-up companies across all stages as part of its commitment to India during a meeting with Prime Minister Narendra Modi at the Digital Economy event in San Jose. Qualcomm Ventures will advise and direct Qualcomm’s activities with respect to these strategic investments.

Qualcomm has been investing in promising Indian start-ups since 2007 and there are more than 20 Indian companies as part of its global portfolio. Sectors of investment vary across the mobile ecosystem and include hardware, software platforms, e-commerce, healthcare, location-based services and retail technology…Read more

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