EFY Times  
Saturday, March 13, 2010
 
GO
Click here!
  Electronics        Infotech       Linux & Open Source        Consumer Electronics       Telecom       Mobiles       BPO       Science & Technology    
Google Increases Investment In India
 
Home >> Infotech >> Trends
 
Google Increases Investment In India
 
Also joins the Indian Angel Network to support entrepreneurship in India.
 
 
Rate this news:  (0 Votes)
Monday, October 29, 2007 Google has announced two partnerships that further its commitment to fostering innovation in India. Google has invested in the early stage venture capital fund Ventureast TeNet Fund II -- a seed-stage fund run by the Tenet Group of IIT, Madras and Ventureast Fund Advisors. Google has also joined the Indian Angel Network, an organisation of professionals and companies dedicated to supporting entrepreneurship in India.

The Ventureast TeNet II fund invests in technology that enables early stage entrepreneurs to get their businesses off the ground.




Emphasis is placed on technologies and solutions focussed on small and medium-sized enterprises and bridging the digital divide in India and global markets. The Indian Angel Network brings together entrepreneurs, companies and CEOs from India and around the world to provide money, mentoring and strategic inputs to early stage ventures in multiple sectors.

"The early stages of venture capital financing are underserved in the Indian market, despite their critical importance to the innovation chain," said Samir Sood, head, corporate development (South Asia), Google. "These partnerships will help us nurture the growth of start-ups and build a dynamic entrepreneurial environment in India," he added.

Earlier this year, Google invested in the venture capital funds Erasmic and Seedfund. Google's investment strategy has been to seek out unique products, technologies and engineering teams that can help it provide innovative products to users or enhance existing services.





Print Email Comment 
(Total Views: 1451)
 
 
Infotech News
   
E-mail Still Calls The Shots!
Bharti Airtel's Foray Into Digital Media
Koobface Worm A Tough Nut To Crack!
Vortex To Set Up Solar ATMs For SBI
Internet Nominated For Nobel Peace Prize!
 
 
 
Most popular
 
Dialogue
 
'T&M Has To Be Ahead Of Any Innovation'
Agilent Technologies is one of the leading T&M players, generating a net revenue of $4.5 billion in fiscal 2009. The company offers a wide range of el...
Are You Using Your Surveillance Cameras, Intelligently?
Venugopal D of HP India Sales talks of how organisations can use their video surveillance cameras, intelligently, by backing up and archiving the 'pas...
TIPS To Help You Choose The Right CRM Solution
Kunal Singhal, CEO, Singhal System Solutions,shares a few best practices to help organisations make the most of their CRM solution, along with tips on...
Govt Should Invest More In Digital Infrastructure
Srinivasan S., the founder-director of VIVA Communications, speaks to EFY Bureau on what motivated him to enter VoIP....
Microchip India To Begin Hiring In 2010
The company aims to surpass the market growth rate in the next few years by aligning their growth strategies with the changing market scenario....
   
  View All
    
    
Features
Get Tools To Build Your Web Development Business, For Free!
If you are a small firm of 25 or lesser people, engaged in the business of building websites, you may like to know about a programme that is aimed at ...
Technology: The Match Winner!
Intencity, a Pune-based exclusive video game store, has expanded its business and boosted revenue by 40 per cent, using online store solutions....
 
Events
 
17 Mar: Open Source Business Conference

19 Apr: Hannover Messe 2010

21 April: International Newsroom Summit

17 May: CMAI INFOCOM National Telecom Awards 2010

1 Jun: Dimension 3 Festival

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
LINUX for You
BenefIT
Facts for You
Electronics Bazaar
electronicsforu.com
efytimes.com
bpotimes.com
itmagz.com
linuxforu.com
Electronics Annual Guide
EFY Awards
EduTech Expo
OSIWEEK Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter 
 
 
© Copyright 2010 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions