ETSA this year comes at a time when the technology industry faces multiple headwinds. The volatility in valuations of publicly listed tech companies, which began in the US in late 2021, has continued to spill over into the private markets. Indian startups, too, have felt this turbulence, with several of them getting valuation markdowns as increasingly cautious investors hedge their bets.
Google Cloud has made an aggressive push into the country over the past few years, especially under Kerala-born Kurien, who is going to complete five years as chief of Google Cloud that competes with Microsoft and Amazon Web Services for business.