Thursday, 28 November, 2024

CCI Approves Google’s Flipkart Funding And Temasek’s Rebel Foods Investment

The Competition Commission of India has approved Google’s $350 million investment in Flipkart, bolstering its presence in India’s e-commerce sector. Additionally, Temasek’s funding in Rebel Foods has been cleared, supporting its expansion in the food-tech space. These approvals highlight growing global interest in India’s digital economy and food innovation markets, fostering competition and innovation across these high-growth industries.