According to PTI [Press Trust of India], Google is in talks with several Indian start-up companies with unique and innovative business models, particularly in areas like voice and SMS-based advertising.
A Google spokesperson told PTI: “Our M&A strategy has been to look for unique products, technologies and engineering teams that can help us provide innovative products to our users or enhance existing services.”
Google India website has a job opening for the position of Corporate Development Manager, South Asia, to be stationed in Mumbai or Bangalore, who would look after the development and execution of market strategies that drive market expansion opportunities.
http://www.google.co.in/support/jobs/bin/answer.py?answer=44402
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