Google (Nasdaq: GOOG) is adopting an interesting strategy of investing in India: it is investing in angel/seed funds. It has done four so far, out of which two came out this week:
-- Google has recently come on board as an institutional member at Band of Angels (BoA) in India, the Indian set-up of a group of entrepreneurs who invest in and advice seed-stage startups. The idea for Google is opting for the angel investing route in an effort to tap ideas and talent pool. More info here.

-- Also, it has acquired 30 percent in Ventureast TeNet Fund II, an Indian VC fund, for about $3.75 million..the fund has a mandate to finance start-ups in the telecom and IT industries. More info here.

Earlier this year, Google invested undisclosed amounts in Seed Fund and Erasmic Venture Fund.