Search engine giant Google is planning to acquire startups in order to focus more on cloud computing and cyber security. The representatives of Google are planning to invest in Indian startup companies including different venture capitalists (VC) firms.
According to the reports of a business daily, Google is seeking to invest directly or acquire companies in India that cater to whom it refers to as the next billion internet users.
The same sources revealed that Google is not interested in eCommerce and so and that they are looking for companies involved in cloud computing and cyber security.
The only objective of Google behind this is to get the “next billion” online and that it would require investments in financial service, healthcare, network infrastructure, education and much more.
According to some survey, India has a population of about 1.3 billion but doesn’t have billion internet users. Google has already acquired more than 70 companies across the globe since 2014 but yet to acquire more in India.