Google Backs Kaati Zone

Erasmic Venture Fund, a venture capital fund backed by Google Inc. (Nasdaq: GOOG), has invested in Bangalore-based fast food chain Kaati Zone. Kaati Zone is promoted by Kiran Nadkarni. Business Standard reported that Nadkarni is widely considered the father of the Indian venture capital industry. The terms of Erasmic's investment into Kaati Zone weren't disclosed.