Google Sets Eye Upon Indian Firms

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Google Sets Eye Upon Indian Firms

By: Navneet Kaushal
2007-02-15

Google has invested in two early-stage Indian venture capital funds, Seedfund and Erasmic. Google has commented that these funds will help in nurturing, identifying and financing promising startups and help them achieve growth.

Samir Sood, corporate development, South Asia region, Google quoted:
While the rush of large amounts of venture capital into India is well-documented, very little of this trickles down to the really small firms, the early-stage startups. Googles goal is to close this gap by investing in early stage funds such as Erasmic and Seedfund.

India is the first place where Google has initiated a limited partner investment in early-stage funds.

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About the Author:
Nav is the founder and CEO of PageTraffic, a premier search engine company known for its assured SEO service, web design and development, copywriting and full time SEO professionals.

Navneet has wide experience in natural search engine optimization, internet marketing and PPC campaigns. He is a prolific writer and his articles can be found in the "Best Articles" section of many websites and article banks. As a search engine analyst , he has over 9 years of experience and his knowledge is in application here.


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