SVB India Finance has provided a venture term loan to Bangalore-based fabless semiconductor company Saankhya Labs Private Limited.
Saankhya is focused on product design and development for the consumer electronics segment and has designed a microchip which is capable of supporting global television standards.
From the Venture Intelligence PE Deal database: In March 2011, Intel Capital had invested $7.5 million in Saankhya Labs.
Venture Intelligence is the leading provider of data and analysis on private equity, venture capital and M&A transactions in India as well as Financials & Valuations of Private Companies in the country. Click Here to view our products list including the Free Deal Digest Weekly: India’s First & Most Exhaustive Transactions Newsletter.
