Google to Fund Indian Startups


	Google to Fund Indian Startups

explosive

1-28-2007 6:29 AM

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google, youtube, india, business, fund

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/bec5f0a2-bd34-45a1-b764-54e7148619cd/C1EC161C-6780-4479-BEB2-A22740783916/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://indianinside.info/site/index.php" href="http://indianinside.info/site/index.php" style="font-size: 11px;">indianinside.info</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://indianinside.info/site/index.php"><table background="undefined" bgcolor=""><tr><TD valign="top" colspan="2"><P>Well this one seems to be great news for startups in India! </p> <P><A target="_blank" href="http://www.google.com/" title="Google.com"></A>The
Mountain View, California-based search engine giant - Google is contributing an
undisclosed amount to Seedfund, a $10-million to $15-million fund that
had its first closing in November 2006, according to sources., according to <A target="_blank" href="http://www.redherring.com/Article.aspx?a=20890" title="red%20herring">red herring</A>.</P>Google has shown a healthy appetite for attractive opportunities on its home turf. In October 2006, it bought the video-sharing site YouTube for a record $1.65 billion.<BR /><DIV>
Google’s shopping list has been long: wiki technology developer JotSpot, mobile startup Android, web analytics company Urchin Software, text message service Dodgeball, and search personalization sites Kaltix and Applied Semantics.</DIV>
<BR /><DIV>
In China, Google has invested in Xunlei Network Technology to compete better with the leading local search engine, Baidu.com, in which Google also owns a stake.</DIV>

<P>via [ <A href="http://www.redherring.com/Article.aspx?a=20890" target="_blank">red herring</A> ]  </p> <DIV class="commentBlogView"><A href="http://www.indianinside.info/site/India/Business/Google_to_Fund_Indian_Startups_200701281262/%23jc_allComments">Add Comment (0) </A>
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