Intel grants $4 million fund to Comat, e-Governance company in India

Intel Capital is investing around $4 million into the Bangalore (India) based e-Governance focused company; Comat Technologies to promote e-Governance projects in India. This would be the Intel's first investment in e-Governance space.

 

The company is focusing on the e-Governance programmes with the projects like community PC, Wi-Max for last-mile connectivity and others to bridge the digital divide in India. Comat, a service provider, is involved in the development and implementation of the e-Governance projects across the country. Comat is already involved in famous Bhoomi revenue records computerisation project in Karnataka. The company has around 700 employees and expecting to add more 1500 employees in the staff. Intel's funding would be used to expand the company's team and also in new projects across other India. 

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