Google Invests $350 Million in E-commerce Giant Flipkart, Expanding Footprints in the Indian Market

Google is investing nearly $350 million in Flipkart, marking another significant endorsement for the Walmart-owned Indian e-commerce startup. This strategic investment is part of a broader funding round initiated by Flipkart in 2023, aiming to raise close to $1 billion. Walmart, which has been leading this round, contributed $600 million late last year. Microsoft is also among Flipkart’s investors. […] The post Google Invests $350 Million in E-commerce Giant Flipkart, Expanding Footprints in the Indian Market appeared first on Tekedia.

Business May 25, 2024 0 104 Add to Reading List

Google Invests $350 Million in E-commerce Giant Flipkart, Expanding Footprints in the Indian Market

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Google is investing nearly $350 million in Flipkart, marking another significant endorsement for the Walmart-owned Indian e-commerce startup. This strategic investment is part of a broader funding round initiated by Flipkart in 2023, aiming to raise close to $1 billion. Walmart, which has been leading this round, contributed $600 million late last year. Microsoft is also among Flipkart’s investors. […]

The post Google Invests $350 Million in E-commerce Giant Flipkart, Expanding Footprints in the Indian Market appeared first on Tekedia.

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