CCI approves Google's investment in Walmart-backed Flipkart

Quick Summary:

Google joined Flipkart's captable as a minority investor in May earlier this year with an infusion of $350 million to expand its cloud collaboration.

Last week, Flipkart appointed Walmart executive Dan Bartlett to the company's Board.

According to Tracxn, it currently owns an 80.8% stake in the company.

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Article Details

Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Privacy Million Information Walmart Flipkart Google Investment Terms International Policy Infusion

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-26 @ 14:45:44 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 237 words

Reading Time: 2 minutes read

Sentences: 18 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23890473

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Official Website: yourstory.com

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