
Google has invested $350 million in Flipkart as part of the e-commerce giant's latest funding round, which totals nearly $1 billion. This funding round is led by Walmart, which has contributed approximately $600 million. The investment sees Google joining Flipkart as a minority investor. The capital will be used to enhance Flipkart's quick commerce capabilities and invest in verticals such as travel and Shopsy. Flipkart's valuation has reached $36 billion following this funding round. Microsoft is already an existing investor in Flipkart since 2017, and Google is an existing cloud service provider.







Flipkart closes $950 million round with Google's $350 million at a valuation of $36 billion https://t.co/TUXD8suEbR
#Google Bets on #Flipkart Fundraise, To Buy #Stakes In E-Commerce Giant #Business #Finance https://t.co/tFEyKgCuCg
Whoa! Google to invest around $350 million in Flipkart as part of a $950 million round https://t.co/eV5YV9mBRW.