Flipkart, owned by Walmart, has secured a $950 million funding round, including a significant $350 million investment from Google.
This brings Flipkart's valuation to $36 billion. The capital will support the company's quick commerce expansion and investments in verticals like travel (Cleartrip) and Shopsy. The funding round, initiated in December with a $600 million contribution from Walmart, is pending regulatory approvals.