Google ploughs more money into India with $1 billion Bharti Airtel investment

US technology giant Google will invest up to $1 billion in Indian telecoms giant Airtel as part of its Google for India Digitization Fund.
The deal includes equity investment as well as a ‘corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years.’
It comprises of a $700M equity investment in Airtel at a price per share of INR 734, and up to $300M that will go towards implementing commercial agreements s