Cisco Systems investing $100M more into India

Cisco Systems, the giant San Jose, Calif., networking company, said it will invest a further $100 million in venture capital initiatives in India.

The plan was mentioned by Chief Executive John Chambers yesterday. It follows two years after Cisco announced a plan to invest $1.1 billion in India over two to three years, including $100 million in venture investements.

This is a continuation of that plan.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.