With several fellow American companies taking a dip in the Indian market, it seems FOMO just hit
Microsoft like none other! Earlier this year, Amazon founder, Jeff Bezos announced an investment of $1 billion to digitize SMBs in India. Oracle similarly doubled their investment in June followed by Apple planning to fuel its growth in the region and most importantly, Google announcing, only last week, a massive investment of $10 Billion towards digitization of the economy.
Nonetheless, M12 comes with good intentions and aims to aid Indian start-ups in their path to success.
Teaser: After investments in Jio and Unacademy, even Facebook is speculating opening its own Venture fund for the Indian startup ecosystem.
This article is a part of the July'20 edition of our Startup Newsletter. Here's the complete publication:
