Sunday, October 30, 2016

Dell’s venture capital arm to invest on Indian ventures

The combined corporate venture capital arm of #Dell and #EMC will do investments globally, including in India, a senior company executive said. Scott Darling, president of Dell Technologie’s ­ venture capital and corporate development arm, responsible for mergers and acquisitions said the combined entity now enjoys a stronger financial muscle, enabling it to look at more ‘aggressive’ investments. “We now have more capital available for investments than some of our competitors”, Scott Darling added. “Michael Dell (CEO of Dell) is encouraging me to step up the pace of investments in a rational fashion. We are active investors and actually are pretty aggressive in investments for our size. We have just brought the teams together in India”, said Scott Darling. “We are enthusiastic believers in the IT industry in India. I have some proposals for investments from India on my desk as we speak. The proposals include an enterprise infrastructure deal in the storage space and a SaaS company”, Scott Darling said.

https://indianceo.in/news/dell-vc-arm-invests-indian-ventures/

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