India Technology Fund

Intel Capital is an arm of Intel Corp which invests worldwide in technology companies which are strategially aligned with Intel's plans for creating more IT growth/spend. It is , in a sense , a corporate VC whose aim is not only handsome financial return from its investments but more importantly newer/bigger markets to sell products from the parent company.

Intel Cap has a 250 million dollar India Technology Fund aimed primarily at companies targeting the Indian IT market. See the link :
https://www.intelportfolio.com/cps/portlist_fund.asp?fund=itf

From optical networking to media/entertainment to rural e-governance , the range of investments by ITF is impressive.

Interested entrepreneurs can contact them at http://www.intel.com/capital/submit.htm

A document which could be very useful to entrepreneurs approaching Intel Capital is at
http://www.intel.com/capital/download/Talking%20_to_a_VC.pdf

This doc goes into a bit of detail about points to keep in mind while raising VC money

Key issues and steps in the investment process include the following:
• Raising capital with venture capital is about growing a business.
• Put yourself in the investor’s shoes and criticize your own proposals.
• Know your audience.
• Prepare a business plan and an executive summary.
• Value your business and set your negotiating boundaries.
• It costs time and real money to raise capital.
• You will likely need experienced legal advice.
• Get ready for a road show.
• Be prepared to start the negotiation and open your company for external scrutiny.
• Be prepared for changes in governance.
• Understand the different roles of the entrepreneur, the CEO, and the shareholder.

More inside the doc.