Internet giant Google recently said that it would spend around $10bn in India over the next five to seven years through equity investments and tie-ups, marking its biggest commitment to a key growth market. The investments will be done through a digitization fund, highlighting Google’s focus on the rapid pace of growth of apps and…
Tag: India Digitisation Fund
Google announces India Digitization Fund, to invest $10 bn in India
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•Google announced that it will invest $10 billion in India over the next five to seven years, the search giant’s CEO Sundar Pichai said, according to media reports. Google said that it will use this investment to buy stakes in large Indian companies as well as niche digital service providers. According to Google’s blog post,…