India's Competition Commission (CCI) has approved Google parent Alphabet's investment in Flipkart. Alphabet's Shoreline International Holdings will acquire a stake in the Walmart-owned e-commerce giant. The deal, part of a nearly $1 billion funding round, includes a $350 million investment from Google and values Flipkart at $35-36 billion.
source https://timesofindia.indiatimes.com/technology/tech-news/google-parent-alphabet-gets-ccis-clearance-to-acquire-stake-in-flipkart-heres-what-the-order-says/articleshow/115706739.cms
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