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Inc42 Shots | Google Launches $10 Bn Digitization Fund To Back India’s Digital Future

Inc42 Shots | Google Launches $10 Bn Digitization Fund To Back India’s Digital Future

During the Google For India event for 2020, Google and Alphabet CEO Sundar Pichai announced that the company will invest INR 75,000 Cr or approximately $10 Bn under the Google For India Digitisation Fund for the Indian tech and startup ecosystem. The fund will be invested in businesses, social impact projects and towards supporting the Indian government’s digitisation efforts over the next 5-7 years.

Pichai added that the fund will invest through a mix of equity investments, partnerships, and operational, infrastructure and ecosystem investments.

To read more, click here.

Author

Harshil Khatter

Inc42 Staff
https://inc42.com/videos/inc42-shots-flipkart-raises-1-2-bn-to-recover-from-covid-19-crisis/