New Delhi, July 13 -- Google CEO Sundar Pichai on Monday announced a USD 10 billion Google for India Digitization Fund to help accelerate India's digital economy.

''Today at GoogleForIndia we announced a new $10B digitization fund to help accelerate India's digital economy. We're proud to support PM Narendra Modi's vision for Digital India - many thanks to Minister Ravi Shankar Prasad & Minister Dr Ramesh Pokhriyal Nishank for joining us,'' said Mr Pichai in his tweet.

''Today, I'm excited to announce the Google for India Digitization Fund. Through this effort, we will invest Rs 75,000 crore, or approximately USD 10 billion, into India over the next 5-7 years.

''We'll do this through a mix of equity investments, partnerships, and operati...