Google Capital To Setup Operations In India, First Outside US

gcWith the startup economy in India seeming bullish, Google capital is in talks to set up its office in India. The investment arm of the search giant will hire a team to analyze and invest in the growth stage startups in the India. If all goes as planned, this would be Google Capital’s first office outside of the United States.
India’s startup eco system has attracted many foreign investors into Indian soil. Japanese SoftBank has invested in Housing, Snapdeal, Ola, Scoopwhoop etc. while China’s AliBaba invested in Paytm and Google Capital invested in FreshDesk and Commonfloor – all expecting high returns on their investments.
The amount of investment that Google Capital is willing to make in India has not been specified. Google set up the growth equity arm in 2013 and has invested nearly $500 million in 11 companies so far. This year it is hoping to invest another $300 million.

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