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.
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US unleashes wave of attacks on Houthi radar sites in Yemen
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Plan to relocate tigresses to Palamu reserve
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Jammu forests new terror hubs
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Rahul calls EVM 'black box' after Musk stirs fresh row
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It's for parties to decide new Speaker, I have no role in it, says Om Birla
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Disaster management introduced in UGC-NET in December this year
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