Google invests in two Indian startups

Google on Tuesday said it has invested in two Indian startups – Glance and VerSe Innovation – as part of its USD 10 billion Google for India Digitisation Fund to enable them to further scale up availability of content in different formats across various Indic languages.

While Google did not disclose details of its latest investments, separate announcements by investee companies stated that Google has participated in Glance’s USD 145 million (about Rs 1,071.5 crore) and VerSe Innovation’s USD 100 million (about Rs 739 crore) funding rounds.