Over the years weve invested in many Indian businesses through Google as well as through our growth equity investment fund CapitalG. Google has announced that it will invest a whopping 10 billion in India through the Google for India Digitization Fund.
Google India Digitization Fund Next Ias Current Affairs Blog
Today Im excited to announce the Google for India Digitization Fund.
Google investment in india. Google has become the latest high-profile firm to back Indias Reliance Jio Platforms. The Google for India Digitization Fund will pour money into Indias tech sector over the next five to seven years through a mixture of equity investments partnerships and. Today Im excited to announce the Google for India Digitization Fund.
In a blog post Google outlined a 10 billion investment in Indias digitization over the next five to seven years with its Google for India Digitization Fund. Google invests 45 billion in Indias Reliance Jio Platforms. Through this effort we will invest 75000 crore or approximately 10 billion into India over the next 57 years.
Google for India event screenshot Google CEO Sundar Pichai announced a 10 billion investment in India on Monday at the Google for India virtual live-stream event. In April Facebook said it would invest 57bn for a 999 stake in Jio making. According to the recent report Google finalised the 25 million deal with the startup clutching it away from Xiomi who was also eyeing the startup.
Google has invested in various startups and ventures in India through several of its investment vehicles. Google headquarters in Mountain View California. The search giant is investing 45 billion.
Google will invest 10bn 793bn in India in the next five to seven years the chief executive of its parent company Alphabet Inc has announced. On November 1 2013 the company invested Rs 313 crore in Sana Ventures in the seed funding round and Rs 3 crore in Agastya International Foundation. US tech giant Google is investing in a 10 billion fund to help accelerate Indias transition to a digital economy in the next five to seven years.
Sundar Pichai at Google for India 2020 virtual event Source. Addressed as a digitisation push Googles CEO Sundar Pichai earlier this week announced the companys interest to invest approximately 75000 crores 10 billion in India over the next five to seven years. In November 2018 Dunzo another Bengaluru-based AI startup became the first ever in India to get Googles direct investment for a startup.
The event focused on contributing to accelerate Indias digital economy with this investment over the next five to seven years. Google will invest 10 billion in India over the next five to seven years with the aim of consolidating its position in the digital ecosystem of the worlds fifth-largest economy that is emerging as a battleground for global internet giants. New Delhi Bengaluru.
Yesterday Googles CEO Sundar Pichai had a big announcement to make. Google confirmed Wednesday its investing 45 billion into Indian digital services firm Jio Platforms in exchange for a 77 stake in the company which is valued at 65 billion. Earlier this week Google also said the company would invest about 10bn in India over the next five to seven years.
The fund will cover equity. Google CEO Sundar Pichai on Monday said the search giant will invest 10 billion on initiatives in India over the next five to seven years in an. Sundar Pichai the CEO of Google said that the investment will be done over.
Google said on Monday that it plans to invest 10 billion in India over next five to seven years as the search giant looks to help accelerate adoption of digital services in the key overseas market. Google will invest Rs 75000 crore 10 billion in India over the next 5-7 years under the Google for India Digitisation Fund Mr Pichai wrote in his blog a transcript of his address on a. Through this effort we will invest 75000 crore or approximately 10 billion into India over the next 5-7 years.
Google will invest 10 billion Rs 75000 crore in India over the next five to seven years he added.
