New Delhi, July 13 -- Google and Alphabet CEO Sundar Pichai on Monday announced a Google for India Digitisation Fund through which the company will invest Rs 75,000 crore, or approximately $10 billion, over the next five to seven years to drive digital transformation in the country.
"We'll do this through a mix of equity investments, partnership investments, and operational, infrastructure and ecosystem investments. This is a reflection of our confidence in the future of India and its digital economy," Pichai said during the Google for India virtual conference.
The fund will focus on four areas that are important to India's digitisation.
These include enabling affordable access to the internet and to information for every Indian in their...