India's largest e -commerce platform Flipkart announced last week that it has completed a new round of capital increase by Walmart and introduced Google's fundsPune Investment. According to the report of Reuters and TechCrunch, Google injected nearly $ 350 million in nearly $ 350 million in this time.And Flipkart's valuation is $ 36 billion.

Flipkart was founded by two Indians Sachin Bansal and Binny Bansal, who had worked in Afghanistan, and established in Singapore. However, the headquarters is located in India. The main market is also in IndiaMumbai Wealth Management. It is the largest e -commerce platform in IndiaNagpur Investment. Snapdeal and AmazonIt is divided into two or three.Walmart, the world's largest retailer in the world, obtained a 77%equity of Flipkart at the $ 16 billion of Flipkart at the time of Flipkart at the time of US $ 20 billion in US $ 16 billion, and now increased to $ 36 billion.

India is now the second largest e -commerce market in India, while Flipkart's market share is as high as 48%.In addition to Walmart, the vision funds of eBay, Microsoft, Tencent, and Software Bank have also become Flipkart shareholders earlier earlier, and now they have joined Google.

According to the Flipkart's description, Google invests not only funds, but also cloud computing cooperation between the two parties, which will assist Flipkart to expand its business and strengthen the modernization of its digital infrastructure to serve customers in India.

Because it is a competitive relationship with Amazon in India, Flipkart failed to choose to use AWS services, but he did not choose Microsoft, but went to Google.