Google to Invest in Flipkart, Help Modernize Digital Infrastructure ...Middle East

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Google to Invest in Flipkart, Help Modernize Digital Infrastructure
Google plans to invest in Indian digital commerce company Flipkart. The move will make Google a minority investor in Flipkart’s latest funding round, which is led by Walmart, Flipkart said in a Friday (May 24) press release. The proposed investment is subject to regulatory and other customary approvals, according to the release. “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,” Flipkart said in the release. The Flipkart Group includes several companies that enable businesses to participate in digital commerce in India, according to the release. 

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