Recognizing the importance of India's growth industry and the country's role as a technology and research provider, Intel Capital recently held its seventh annual CEO Summit in Mumbai, India. The Intel Capital CEO Summit brings chief executives from Intel Capital's portfolio companies worldwide together with executives from Intel and Global 2000 corporations along with government and education leaders for three days of learning and deal-making focused on tapping into the opportunities offered today in India.

"I am amazed at how flawlessly this complex event was carried out in India, a country with a vastly different culture."
Joel Pollack, CEO Clairvoyante, Inc.

At the CEO Summit, Intel Capital hosted an international press conference which attracted over 30 top journalists from leading media such as Reuters, Dow Jones, Bloomberg News, Nikkei, The Economic Times, Outlook Business, and India Infoline. Arvind Sodhani, President of Intel Capital, outlined Intel Capital's bolder, more proactive strategy designed to enhance innovation worldwide by helping its portfolio companies to be more successful through larger investment stakes and more active collaboration.

During the conference, CEOs from two of Intel Capital's most recent global investments - Worldmax, a joint WiMAX venture with Enertel Holding of the Netherlands, and Real Image Technologies Pvt., Ltd. of India - told their stories directly to an attentive press audience. Real Image is the latest investment from the $250 million Intel Capital India Technology Fund. This investment, together with earlier announced funding in Maya Entertainment, Mauj, Mobiapps Holdings, and Persistent Systems, aims to drive Indian innovation in wireless connectivity, digital media content, and consumer Internet. Real Image, based in Chennai, India, specializes in digital media technology for the film, video, audio, and animation industries worldwide.

Intel Capital Invests in WiMAX Red Herring*
Intel Capital to Scale Up Investments in India CRN India*
Intel Arm Buys Stake in Chennai's Real Image The Economic Times*

During the Summit, Intel Capital portfolio company CEOs had the chance to meet with Global 2000 industry executives as well as leaders from around the world to discuss new business opportunities for their company's products and services. For many portfolio companies, the sessions offered unparalleled access to normally inaccessible industry executives through their relationship with Intel Capital.

Almost 140 CEOs and industry executives took part in close to 400 matchmaking sessions at the Intel Capital CEO Summit. Each was strategically designed to pair up portfolio company and industry executives with common business interests. As a result of such careful pre-screening, 84 percent of portfolio company CEOs rated the sessions as "very relevant" and 73 percent of them agreed to specific follow-up actions as a direct result of the matchmaking sessions.

"Not only do we meet Intel's customers, but the customers give us additional leads. This is a great networking event."
Pratap Reddy, CEO Archpro Design Automation, Inc.

The Intel Capital CEO Summit featured talks by business, government and academic leaders along with structured matchmaking and tours of various Indian companies and institutions to get a first hand view of doing business in India.

Prominent speakers included Paul Otellini, President and CEO of Intel Corporation; Scott Bayman, President and CEO of GE India; Anand Chandrasekher, Senior Vice President of Sales and Marketing for Intel Corporation; C.K. Prahalad, Distinguished Professor of Corporate Strategy at the University of Michigan; Ramalinga Raju, Founder and Chairman Satyam Computer Services Ltd.; and Arvind Sodhani, along with other government and business leaders.

Arvind Sodhani - President, Intel Capital (PDF* 8MB)
C.K. Prahalad - Distinguished Professor, University of Michigan (PDF* 1MB)
Rajeeva Ratna Shah - Member Secretary, Planning Commission Govt of India (PDF* 0.2MB)

Through unique opportunities such as CEO Summit, Intel Capital will continue to work with its portfolio companies to make them more successful and create engines of technology innovation around the world. Intel Capital, as part of Intel Corporation, is poised to promote and support innovative technology start-ups and companies around the globe.