Flipkart to add Google as an investor in its latest funding round

Underscores the companies’ commitment to bolster India’s dynamic digital economy

India – May 24, 2024: As part of the latest funding round led by Walmart, Flipkart today announced that it will be adding Google as a minority investor, subject to receipt of regulatory and other customary approvals by both parties.

Google’s proposed investment and its Cloud collaboration will help Flipkart expand its business and advance the modernization of its digital infrastructure to serve customers across the country.

Check Also

Beetel Teletech forges strategic alliance with Alcatel-Lucent Enterprise to accelerate digital transformation across key sectors in India

Beetel Teletech and Alcatel-Lucent Enterprise join forces to empower Indian businesses with robust digital infrastructure, …