Google to invest $1 billion in Airtel, pick up 1.28% stake

Google to invest $1 billion in Airtel, pick up 1.28% stake – Bharti Airtel and Google have announced a long-term agreement and as per the agreement, Google will invest $700 million for a 1.28 per cent stake in the Delhi-based company.

  • $300 million will be invested towards potential multi-year commercial agreements.
  • With this, it will be Google’s biggest investment in India.
  • Google has invested $4.5 billion in Reliance Jio in 2020 for which it picked a 7.73 per cent stake.

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