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.