25 May 2024

Google to invest $350 million in India’s Flipkart

By Redoy K

Google will acquire a $350 million minority stake in Indian e-commerce firm Flipkart, valuing the Walmart-backed company at $37 billion. The investment is part of a larger $1 billion funding round led by Walmart. Google aims to help Flipkart expand its business and modernize its digital infrastructure through this collaboration.