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Google to Invest in Airtel

Published on January 29, 2022
Current Context: Google will be investing USD 1 Billion in Airtel (Bharti Airtel).
Google to Invest in Airtel
  • Both the entities have signed a long-term, multi-year agreement.
  • They have collaborated to enhance the growth of the digital ecosystem in India.
  • The agreement also includes an investment of USD 700 million in order to acquire a 1.28% stake in Bharti Airtel by Google.
  • This agreement is the part of Google’s fund for India called ‘India Digitization Fund of USD 10 billion’.
  • Both the organizations will develop Airtel’s offering service network which will cover a wide range of devices in India.
  • They will also develop India specific network domain which will use 5G technology.
  • They will also work to develop a cloud ecosystem in India.

Question: 

Q.1 Which organization announced to invest USD 1 billion in Bharti Airtel?
a. Meta
b. Infosys
c. Google
d. Microsoft Corporation
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