Versuchen GOLD - Frei
Google to invest nearly $350 million in Flipkart
The New Indian Express
|May 25, 2024
IN the latest round of funding, Walmart-owned ecommerce platform Flipkart has raised $350 million from Google.
This is part of the $1 billion funding round led by Walmart. According to reports, Walmart is likely to have invested $600 million in the India-based online retailer.
In a statement issued by Flipkart on Friday, it said that as part of the latest funding round led by Walmart, it will be adding Google as a minority investor, subject to receipt of regulatory and other customary approvals by both parties.
"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," added the press statement.
Diese Geschichte stammt aus der May 25, 2024-Ausgabe von The New Indian Express.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON The New Indian Express
The New Indian Express
IMPROVE CONVICTION RATE IN CRIMES AGAINST WOMEN
THE National Crime Records Bureau’s latest report shows a slight rise in crimes against women registered across the country.
1 mins
October 08, 2025
The New Indian Express
A LITTLE GIRL'S CHECKMATES
SCHOLARSHIPS, LOANS, A SISTER'S PAYCHECK - THE FAMILY GAMBIT FUELS THIS YOUNG CHAMPION'S DREAMS
3 mins
October 08, 2025
The New Indian Express
College student killed by lightning in Thirumangalam
A 20-year-old college student was killed after being struck by lightning while on the terrace of a house in Padikuppam near Thirumangalam on Monday evening, police said.
1 min
October 08, 2025
The New Indian Express
NDA, Oppn bloc intensify talks for seats deals amid push from allies
BJP, JD(U) likely to contest equal number of constituencies; Chirag party offered 25, Cong to hold CEC meet today to finalise first list
2 mins
October 08, 2025
The New Indian Express Chennai
SECRET VACATION
AT first sight, Belgian director-screenwriter Joachim Lafosse’s French film, Six Days in Spring, might seem like pivoting on a trifle, but it gains in depth as the narrative coasts along.
2 mins
October 08, 2025
The New Indian Express
At least 15 die in Himachal bus wreck
AT least 15 people were killed while two others were rescued as a private bus they were travelling in was struck by a massive landslide in Himachal Pradesh’s Bilaspur district on Tuesday evening, officials said.
1 min
October 08, 2025
The New Indian Express
Santosh gets OTT premiere
FILMMAKER Sandhya Suri's Santosh, a police procedural thriller that ran into trouble with the Censor Board and missed its theatrical re- lease in January, will fi- nally reach Indian audiences with its digital premiere on Lionsgate Play on October 17. Starring Shahana Gos- wami in the titular role alongside Sunita Rajwar of Panchayat-fame, the Indo- British production had its world premiere at the Cannes Film Festival in 2024 under the Un Certain Regard category and earned critical praise for its unflinching portrayal of caste, gender, and power dynamics.
1 min
October 08, 2025
The New Indian Express
LG IPO shines, Tata Cap yet to be fully booked
EVEN as the Tata Capital initial public offering (IPO) struggled to achieve full subscription, LG Electronics India’s public issue sailed through on the first day itself, buoyed by strong investor response and favourable brokerage recommendations citing attractive valuations compared to peers.
1 min
October 08, 2025
The New Indian Express
Quantum pioneers win Nobel for tech behind our phones
JOHN Clarke, Michel H. Devoret and John M Martinis won the Nobel Prize in physics on Tuesday for research on the weird world of subatomic quantum tunneling that advances the power of everyday digital communications and computing.
1 min
October 08, 2025
The New Indian Express
41 DAYS OF CRICKET IN 101 SHUBMAN'S UNFORGIVING SCHEDULE
Welcome to the world of Shubman Gill. By the time India's Test and ODI captain will have completed this winter's schedule, he will have logged enough airmiles to be eligible for the most premium frequent flyer programmes ever designed.
3 mins
October 08, 2025
Listen
Translate
Change font size