Google pledges Rs 75,000 crore for India Digitisation Fund

The search engine giant hosted the sixth edition of the annual Google for India event on Monday (July 13). Due to the Covid-19 pandemic, the 2020 series was a virtual event.

Google for India event had garnered massive interest among technology enthusiasts, as it was touted to be presided by Sundar Pichai, CEO, Google & Alphabet Inc. As anticipated, Pichai made the huge announcement that the company will be investing $10 billion (approx. Rs 75,000 crore) for Digitisation India over the next five to seven years.

“We’ll do this through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy.