14 DAY TRIAL // The Band of Angels (BoA) is an Indian organization of enterpreneurs who invest in new companies that might become more powerful in the future and bring their money back. According to the Business Standard, Google is interested in joining the alliance and find new firms able to increase the Mountain View company's presence in India and help it expand its market. After all, it is all about strategical moves because this is a new move prepared by the search giant since it used only classic techniques to enhance its expansion such as regional flavors of the products bundled with new offices in several countries in the entire world.
"Google has signed up as an institutional member recently. There is a limit till which each angel can invest in a company. Beyond that, an institutional member can co-invest with any angel if it finds the idea or the company interesting." Google could not be reached for comment," Said Alok Mittal who is already a part of the BoA said for the Business Standard. "Google, by joining BoA is making a statement which cannot be ignored. It is high time VC funds seriously start investing in seed-stage companies in India, which is the actual reason why Silicon Valley is what it is today," an analyst added for the same source.
Google has been very active recently as its plans to expand into new parts of the world are tending to become reality. For example, Analytics received two new flavors today when it evolved into Poland and Turkey, offering support and language translation to all the local users from these countries. In addition, Google rolled out a new version of iGoogle in Hong Kong and Taiwan that might represent the next portal prepared by the Mountain View company and meant to be released on the entire web.