Tag: Google investment

Google to invest $75 million in coronavirus-hit small businesses

Google is teaming up with the European Investment Fund (EIF) and two other organisations in Latin America and Asia to provide $75 million in funding to small- and medium-sized companies suffering from the impact of the coronavirus pandemic, according to Reuters report. The funds are part of an $800 million initiative announced in March last…

Jio Platforms receives Rs 33,737 cr from Google International

Reliance Industries Limited said that its subsidiary Jio Platforms has received the subscription amount of ₹ 33,737 crore from Google International LLC, as part of the deal announced in July wherein Google agreed to buy a 7.73 per cent stake in Jio platform. This is the biggest-ever investment by Google in an Indian company. The…

Google to invest $450 mn to acquire 6.6% ownership in ADT

ADT, a leading provider of security and smart home solutions, and Google announced they are entering into a long-term partnership to create the next generation of smart home security offerings. The partnership will combine Nest’s award-winning hardware and services, powered by Google’s machine learning technology, with ADT’s installation, service and professional monitoring network to create…