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December 10, 2012

Deal Alert: SVB provides venture debt to Saankhya Labs

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. 

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