Intel Capital Says India Valuations ‘Near Bubble’
Reuters reported Friday that Intel Capital, the investment arm of chipmaker Intel Corp., believes valuations of early-stage tech companies in India have reached “near-bubble” levels. According to Sudheer Kumar Kuppam, managing director for Asia Pacific at Intel Capital, the investing atmosphere in India “feels like ’99 in the U.S.”
30 September 2011•2 mins read
