Business - Current Affairs and GK

Q1:

Which tech giant is investing $350 million in Walmart-owned Flipkart as part of a $1 billion funding round?

A IBM

B Microsoft

C Meta

D Google

ANS:D - Google

Microsoft is investing $350 million in Walmart-owned Flipkart as part of a larger $1 billion funding round. This strategic investment is aimed at enhancing Flipkart’s technological capabilities and expanding its e-commerce platform. By investing in Flipkart, Microsoft seeks to leverage its expertise in cloud computing, artificial intelligence, and data analytics to support the growth and innovation of the Indian e-commerce giant. The partnership aligns with Microsoft's broader strategy to strengthen its presence in the Indian market and capitalize on the burgeoning opportunities in the digital retail sector. Flipkart, which is one of India's leading e-commerce platforms, will benefit from Microsoft's advanced technology and infrastructure, facilitating improved customer experiences and operational efficiencies. This investment underscores the growing synergy between technology and retail, highlighting the role of tech giants in shaping the future of global commerce and digital transformation.