This investment is a part of Google's $75 million commitment to help small businesses outside of the US<\/p>\n
Google on Wednesday said it would invest $15 million (around Rs 109 crore) to support small and micro enterprises in India in the wake of the COVID-19 pandemic. This investment is a part of Google's $75 million commitment to help small businesses outside of the US. <\/p>\n
\"In India, we will invest $15 million to support small and micro enterprises across the country and are in discussions with local partners,\" the company said in a statement. <\/p>\n
When the coronavirus pandemic hit last year, the American tech company had announced a $200 million investment fund as part of its more than $800 million commitment to support small businesses. <\/p>\n
\"Google has had a special relationship with small businesses around the world, helping them scale, innovate and reach new customers. With today's announcement, we're proud to help them meet a new challenge, accessing capital needed to recover and build resiliency for the future,\" the company said. <\/p>\n
Google is working with non-government partners who have a record of providing resources to businesses that are generally overlooked by traditional lenders. <\/p>\n
Last year, Google's CEO Sundar Pichai had announced a Google for India digitisation fund through which the company would invest Rs 75,000 crore over the next five to seven years to help India go digital. <\/p>\n
\"We will do this through a mix of equity investment, partnerships and an operational infrastructure ecosystem in India. This is a reflection of our confidence in the future of India and its digital economy,\" Pichai was quoted as saying. <\/p>\n
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Google to invest Rs 109 crore to support small and micro enterprises in India - Business Today<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" This investment is a part of Google's $75 million commitment to help small businesses outside of the US Google on Wednesday said it would invest $15 million (around Rs 109 crore) to support small and micro enterprises in India in the wake of the COVID-19 pandemic. Continue reading