In the event, Google and Alphabet CEO Sundar Pichai announced a $10 billion Google for India Digitization Fund to help accelerate India’s digital economy. 

He tweeted Today at #GoogleForIndia we announced a new $10B digitization fund to help accelerate India’s digital economy. We’re proud to support PM @narendramodi’s vision for Digital India – many thanks to Minister@rsprasad& Minister @DrRPNishank for joining us.

Google Invests in Four areas

Through this effort, Google will invest Rs.75,000 crore, or approximately $10 billion, into India over the next 5-7 years through a mix of equity investments, partnerships, and operational, infrastructure, and ecosystem investments. This will boost the future of India and its digital economy.

Investments will focus on four areas important to India’s digitization: 

• First, enabling affordable access and information for every Indian in their own language, whether it’s Hindi, Tamil, Punjabi or any other
• Second, building new products and services that are deeply relevant to India’s unique needs
• Third, empowering businesses as they continue or embark on their digital transformation
• Fourth, leveraging technology and AI for social good, in areas like health, education, and agriculture

Google CEO Sundar Pichai also said “As we make these investments, we look forward to working alongside Prime Minister Modi and the Indian government, as well as Indian businesses of all sizes to realize our shared vision for a Digital India. Our goal is to ensure India not only benefits from the next wave of innovation but leads it. Working together we can ensure that our best days are still ahead.”

https://blog.google/inside-google/company-announcements/investing-in-indias-digital-future

On Tuesday, July 07, Ola, India’s leading mobility platform and one of the world’s largest ride-hailing companies, partnered with PhonePe, India’s leading payments platform. With this partnership, Ola users can now enjoy digital payment experience on the Ola app. The feature has currently available only for android users.

Ola’s customers across the country can now pay for their ride using PhonePe. As everything is going digital, the partnership between Ola and PhonePe will enhance the user’s digital payments experience. Under this, customers can use all of PhonePe’s payment instruments including the PhonePe wallet to make payments, in addition to UPI. This combination will fuel the adoption of digital payment solutions for the mobility industry.

As PhonePe continues to drive digital payment adoption across the country, we are excited to partner with them to drive this seismic change that will enable us to move a step closer to becoming a Digital India.” says Ola spokesperson.

We are excited to partner with Ola, India’s leading mobility services provider, to enable a seamless and convenient payment experience for our customers. This partnership will be a key enabler to drive India’s digital payment ecosystem.” Said Ankit Gaur, Director, Business Development at PhonePe.

Also as an introductory offer, customers can avail up to Rs. 200 in cashback on the first two rides when paid using PhonePe.

The national artificial Intelligence portal has been jointly developed by the Ministry of Electronics and IT and IT Industry, the portal was launched by Union Minister for Electronics and IT, Law, and Justice and Communications Ravi Shankar Prasad.

The official statement from the government regarding the portal read as the portal will work as a one-stop digital platform for AI-related developments in India, sharing of resources such as articles, startups, investment funds in AI, resources, companies and educational institutions related to AI in India. The portal will also share documents, case studies, research reports, etc. It has a section about learning and new job roles related to AI.

On this occasion, a National Program for the youth — ‘Responsible AI for Youth‘ is also launched by Ravi Shankar Prasad. About the programme, Ministry said “The aim of this programme is to give the young students of our country a platform and empower them with appropriate new age tech mindset, relevant AI skill-sets and access to required AI tool-sets to make them digitally ready for the future. The programme has been created and launched by the National e-Governance Division, Ministry of Electronics, and IT in collaboration with Intel India, with support from Department of School Education and Literacy (DoSE&L), Ministry of Human Resource Development. DoSE&L will help reach-out to State Education Departments to nominate teachers as per eligibility criteria.”

Ravi Shankar Prasad also said, “India must be a leading country in the development of Artificial Intelligence in the world, leveraging upon its vast Internet-savvy population and data it is creating. India’s AI approach should be of inclusion and empowerment of human beings by supplementing growth and development rather than making human beings less relevant”.