Google to invest USD 10 billion in India

Tech behemoth, Google on Monday announced a $10 billion (Rs 75,000 crore) Google for India digitization fund in India over the course of next 5-7 years to support small businesses/startups, online education for the country’s digital transformation.

Google’s Indian origin CEO, Sundar Pichai said during the company’s first virtual Google for India event that the investment will happen through a mix of 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,” Pichai added.