Google Said to Invest $350 Million in Flipkart, Valuing Firm at $37 Billion

Google will invest $350 million in Walmart-backed Flipkart, and pick up a minority stake in the e-commerce firm. The latest funding round, led by biggest shareholder Walmart, values the firm at $37 billion. Flipkart said in a statement that Google will join in as an investor in the latest funding round for the Bengaluru-based company.

source https://www.gadgets360.com/internet/news/google-flipkart-investment-ecommerce-valuation-walmart-5741608#rss-gadgets-all