Google is testing its food delivery services in India through which users can directly place orders on the search engine.

The sector has been in India since early 2000's but it picked up pace post 2005 on the success of micro finance firms. Since then, impact investment has moved on to include other sectors across education, healthcare, and agriculture

Google's investment through the fund will be around four key areas. One, enabling affordable access to the internet and to information to Indians in vernacular languages. Two, building new products and services that focus on the unique needs of the country including consumer tech, education, health and agriculture. Three, to help businesses especially the small and medium ones in their digital transformation. Four, to leverage technology and AI for social good in areas such as digital literacy, outbreak predictions, and support for rural economies. Rajeev Dubey, Editor, Business Today explains how it will benefit India in the long run.Also Read: Why Google is tapping into India's digitisation story

Google's products and initiatives in India have helped the company grow globally. Its latest Rs 75,000 crore digitisation fund will help further this cause as well as create new economic opportunities

According to Ministry of Electronics & Information Technology report, successful realisation of India's digital vision can unlock significant economic value, in the range of $800 billion to up to $1 trillion, up from the current $200 billion, and sustain 60-65 million digital-economy jobs by 2025

Lt Governor G C Murmu said that his administration has put significant efforts in ease of doing business by setting up the single window mechanism to streamline approval for investment

The workspace will be used to execute visual effects work. Netflix will be working alongside VFX company Anibrain. Visual effect work has been in high demand in the country for the past few years. Anibrain has its offices in Pune with over 700 people on its staff

Start-ups in India have been adversely impacted by COVID-19. A survey shows that 12 per cent have already shut shop and 70 per cent have been adversely hit. They are now asking for support from the govt in order to survive. Sixty per cent are surviving with disruptions. Watch the video for more.Remdesivir selling at Rs 60,000; drug regulator warns against black marketing

Telecom companies are building digital revenue streams to jump into the global fray

Start-ups are consolidating freight operations via digital maketplaces and using tech for better warehouse management

Around 75 per cent of data resides outside India. Push for localisation requires data to be stored within the country

The financial services sector is witnessing the adoption of new technologies and business model changes, albeit in different and innovative ways

Sequoia believes India and SEA will be the hub for big technology companies of the next decade

The company has received commitments for a $525 million venture fund and $825 million growth fund, Sequoia India Managing Director Shailendra Singh said in a LinkedIn post on July 6

Nandan Nilekani said that India is not a big advertising market like China and the US. He said that most apps do not make much money in India but are here for strategic reasons

PM Modi launches app challenge: This App Innovation Challenge includes the promotion of existing apps as well as the development of new apps

In a tweet, Electronics and Information Technology (IT) Minister Ravi Shankar Prasad said that the prime minister has launched the challenge to encourage Indian application developers and innovators

Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report

Investments in Indian social and other media (including those in regional languages) as well as start-ups could lead to a subtle push toward the Chinese narrative on bilateral issues and disputes with India, a shift to a more favourable depiction of China and suppression of criticism

The bank is in discussion with dozens of new age NBFCs, fintechs and traditional NBFCs for co-lending. Over half a dozen NBFCs have already been onboarded where the bank is lending based on the lead generated by these new players