Google invests $350 million in India’s Flipkart

Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Indian e-commerce startup. The Android-maker will also provide the Bengaluru-headquartered e-commerce startup with cloud offerings as part of the deal. The investment is part of a nearly $1 billion funding round, much of which Flipkart raised late last year.
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Source: TECCRUCH

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