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Google Cloud eyes thriving Indian startup ecosystem amid IPOs

New Delhi, July 18

It is raining IPOs in the thriving Indian unicorn/startup ecosystem and Google Cloud CEO Thomas Kurian is not only happy to see the growing startup community, but also aims to further bolster them with the cutting-edge Cloud technology.

In the first half of 2021, investors pumped in at least $10.8 billion in the Indian startups across 614 deals.

According to the ‘Indian Tech Startup Funding Report, H1 2021’ by Inc42, the capital inflow in Indian startups is likely to reach somewhere between $19 billion and $23 billion at the end of the year.

Zomato and Paytm have fuelled the IPO race in India. Other startups such as Mobikwik, PolicyBazaar, CarTrade and Nykaa are in the process of going public.

According to Kurian, their work is not just limited to offering Cloud solutions to startups.

“When we are working with them, we are bringing all of Google — Grow with Google, help them put their product on Google Maps,…

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