Google has made a $350 million investment in Flipkart, acquiring a minority stake in the Indian e-commerce giant.

Quick Summary:

Google has invested $350 million in Flipkart as part of a funding round led by Walmart, increasing Flipkart's valuation to over $35 billion.

With Google on board, the investment round has been closed, taking Flipkart's valuation to over $35 billion, sources said.

Walmart had injected about $600 million into Flipkart as part of the funding round in Dec last year.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Asmita Dey

Category: EconomyBusiness

Markets: IndiaIsraelMaliOman

Topics: Google invests Flipkart $350mn Investment round Walmart Tech giant Valuation Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-25 @ 06:40:25 (1 months ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 652 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 21078354

View Article Analysis

About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 17 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 6 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

Publisher Details

Frequently Asked Questions