At the time, Flipkart was valued at just under $25 billion, over 13% higher compared to $22 billion that it commanded three years ago. Flipkart’s latest funding, was led by Canada’s CPPIB, SoftBank Vision Fund, along with participation from existing backers like Singapore government’s sovereign wealth fund GIC, Qatar Investment Authority and Walmart, post which the company is has now been valued at over $37.6 billion.

India

Flipkart

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a corporate restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.

https://abc.xyz/

Mountain View

Alphabet

Alphabet Inc.'s arm Shoreline International Holdings, a wholly-owned subsidiary, has received approval from the Competition Commission to acquire a stake in Walmart-owned Flipkart. This strategic move strengthens Alphabet's position in the e-commerce market and enhances its presence in India's thriving online retail industry.

Alphabet's arm Shoreline International Holdings to acquire stake in Walmart-owned Flipkart

Alphabet's arm Shoreline International Holdings to acquire stake in Walmart-owned Flipkart

Company Info

Related People