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Digital ecosystem of India is set to witness a massive acceleration as Airtel and Google enter into a multi-year partnership

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  Created By Vineetha Sampath

Google will invest up to $1Billion in Bharti Airtel as part of its Google for India Digitization Fund. The partnership comprises a $700 million (Rs. 5,224.4 crores) equity investment in Bharti Airtel at a price per share of Rs. 734. Another $300 million will be used over the next five years on multiple commercial agreements, which will include Airtel’s plans to make smartphones more affordable to empower almost 350 million feature phone users in India.

The partnership aims to achieve this through innovative affordability programs that will accelerate digital inclusion across India.

[Vineetha Sampath]


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🌟 About Vineetha Sampath
A Chartered Accountant with experience of almost two years as an Equity Research Analyst in the field of Automobiles, Airlines, Railways, Paper & Packaging, Construction, and Machinery industries. Experienced in financial modelling, forecasting, valuation, investment analysis and report writing. 

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