wordpress blog stats
Connect with us

Hi, what are you looking for?

Updated: Google Capital Looking To Invest In Tikona: Report

Google Capital is apparently in talks to pick up a stake in the broadband service provider Tikona Digital Networks, reports The Economic Times, citing two persons with direct knowledge on the development. The report also mentions that Google Capital is competing with Yahoo and Microsoft for this deal. It notes that Tikona Digital Networks's Founder CEO & MD Prakash Bajpai has declined to comment on this deal to the publication while Google India has not responded to their queries yet. Update: Google India has sent in a boilerplate response: "As a company policy, we do not comment on rumors or speculations". For the uninitiated, Google Capital is a (yet-to-be-launched) fund operated by Google which focuses on late stage investments. While the mandate of this fund is not quite clear yet, a PCWorld report suggests that Google Capital will invest in areas which is adjacent to Google's business like Internet infrastructure. Its not clear if the fund has any plans to invest in Internet service providers (ISPs) through this fund or it will stick to Internet based companies only. The early indications seems to however lean on the latter - an AllThingsD report suggests that it has invested in at least two companies including SurveyMonkey and Lending Club, which are both Internet ventures and not ISPs. Bizarre What's more bizarre is the mention of Yahoo and Microsoft also looking at this deal. While Microsoft has not responded to the publication, Yahoo India spokesperson has given a boilerplate response to the publication that they do not comment on rumors and speculations. We think it is highly unlikely that…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ