Google Capital for the first time in his history opening office outside India.
After Softbank, Tiger Global and other investors it is now Google spreading operations outside United States. Recently the company revealed his operational process is on in opening in India, first in Asia too.
Now the point arises what has happened now that US investors eyeing indian market . The MODI factor seems to be working now . The US investor is convinced Mr. Modi will aggressively pursue pro reform policy . The confidence in Mr Modi is working atleast for now.
The other decisive factor is the upsurge in sales of smart phones and start and the increasing aspirational start up community. Google Capital partner David Lawee told The Wall Street Journal that “it makes a lot of sense to focus on India right now,” citing the adoption of smartphones in the country and its increasingly active startup entrepreneurs.