Google invests $350 mn in Flipkart as part of $1 billion funding round

Tech major Google is investing nearly $350 million in Walmart-owned e-commerce firm Flipkart for a minority share, according to sources. The investment is part of the $1 billion funding round started by Flipkart in 2023.

Walmart-backed Flipkart disclosed neither how much Google had invested, nor the company’s valuations.

“As part of the latest funding round led by Walmart, Flipkart today (Friday) announced that it will be adding Google as a minority investor, subject to receipt of regulatory and other customary approvals by both parties,” said the statement.