Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
  • AI
  • Tech
  • Cybersecurity
  • Finance
  • DeFi & Blockchain
  • Startups
  • Gaming
Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Google Capital to Invest in India's Growing Start-Ups

byDan Gray
February 24, 2015
in News

Google Capital- Google’s Growth Equity Investment Fund has decided to set up office in India. The late-stage fund, which was first announced almost exactly one year ago today, is set to open its first office outside the United States, according to the Wall Street Journal on Wednesday.

Initially created in 2013, the fund is intended for later stage growth investments which is in contrast with the early stage investments that the sibling fund Google Ventures specializes in. Investments made by Google Capital include Survey Monkey, Lending Club and MapR Technologies.

Citing that the country of 1.2 billion recently surpassed the U.S. in terms of its number of Internet users, Google Capital partner David Lawee told The Wall Street Journal that “It makes a lot of sense to focus on India right now,” and that local entrepreneurs “are responding” with “innovative” offerings for the domestic market and thinking about global growth, as well.

Stay Ahead of the Curve!

Don't miss out on the latest insights, trends, and analysis in the world of data, technology, and startups. Subscribe to our newsletter and get exclusive content delivered straight to your inbox.

According to Tech Crunch, a Google spokesperson confirmed plans to hire an India-based Google Capital representative, although it is not yet clear where that person will be based. Google capital has been eyeing the Asian market for a while now. While  it led a $38 million round in InnoLight Technology Corporation, a Chinese company making cloud computing optical transceivers, it has also invested an undisclosed amount in Bangalore (IN) based CommonFloor.com, India’s leading online real estate platform that combines property search, apartment management and vendor management and caters to a person’s complete residential requirements; as well as freshdesk, a SaaS-based customer support platform that provides multi-channel support to more than 23,000 customers in 118 countries via phone, which includes India and China.

SoftBank and Tiger Global are among other investors who have set up shop in India recently. SoftBank which has already invested in Uber-rival Ola, Housing.com and e-commerce Snapdeal, reportedly plans to invest 10 billion in India.. E-commerce startup Flipkart in July said it had raised $1 billion in new funding from Tiger Global Management, Singapore sovereign-wealth fund GIC and Morgan Stanley Investment Management. Amazon also said that month it would invest $2 billion to expand its operations in India.

(image credit: Dinuraj K)

Tags: GoogleGoogle CapitalIndia

Related Posts

Reddit sues Perplexity over alleged large-scale data scraping

Reddit sues Perplexity over alleged large-scale data scraping

October 23, 2025
Google’s Live Threat Detection is reportedly coming to more Android phones

Google’s Live Threat Detection is reportedly coming to more Android phones

October 23, 2025
The ChatGPT Atlas browser is already facing its first security exploit

The ChatGPT Atlas browser is already facing its first security exploit

October 23, 2025
The Willow chip marks a new milestone in Google’s quantum race

The Willow chip marks a new milestone in Google’s quantum race

October 23, 2025
HBO Max finally lets you tell the algorithm what you actually think

HBO Max finally lets you tell the algorithm what you actually think

October 23, 2025
The Lomo MC-A is a film camera with USB-C charging capability

The Lomo MC-A is a film camera with USB-C charging capability

October 23, 2025
Please login to join discussion

LATEST NEWS

Reddit sues Perplexity over alleged large-scale data scraping

Google’s Live Threat Detection is reportedly coming to more Android phones

The ChatGPT Atlas browser is already facing its first security exploit

The Willow chip marks a new milestone in Google’s quantum race

HBO Max finally lets you tell the algorithm what you actually think

The Lomo MC-A is a film camera with USB-C charging capability

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy

Follow Us

  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.