MUMBAI : A potential investment in Vodafone Idea by global technology giant Google will further heat up the race to create the next big connected digital ecosystem in India, analysts feel.
Google had announced a partnership with Airtel in January to extend their G-suite services to Airtel subscribers and has been working closely with the Bharti Airtel enterprise team for a few years now.
However, with an investment in Vodafone Idea, Google could well be hedging its bets. In recent weeks, Reliance Industries’ Jio Platforms — owned by Asia’s richest man Mukesh Ambani — has secured more than $10 billion in investment from Facebook and private equity groups including KKR, General Atlantic, Vista Equity Partners and Silver Lake.