VCCircle

Xilinx, the $2-billion California-based programmable logic chips and services company, is looking at investing in India from its $75-million Asia Pacific Technology Venture Capital Fund. The corporate venture arm of Xilinx plans to invest up to $10 million in Indian companies from the fund, the company's senior director, vertical markets and partnerships, Krishna Rangasayee told The Economic Times. Xilinx has already identified Noida-based CG CoreELas the first recipient of the fund. Xilinx is also betting big on the Indian aviation, space, defence, Wimax, IPTV and mobile markets.