Google boosts VC investments in India

Google today announced two partnerships that furthers its commitment to fostering innovation in India.

Google has invested in the early stage venture capital fund Ventureast TeNet Fund II - a seed-stage fund run by the Tenet Group of IIT, Madras and Ventureast Fund Advisors.

Google has also joined the Indian Angel Network, an organisation of professionals and companies dedicated to supporting entrepreneurship in India.

The Ventureast TeNet II fund invests in technology that enables early stage entrepreneurs to get their businesses off the ground.

The Indian Angel Network brings together entrepreneurs, companies and CEOs from India and around the world to provide money, mentoring and strategic inputs to early stage ventures in multiple sectors.