Flipkart is a subsidiary of Walmart Inc and ultimately belongs to the Walmart Group. It is primarily engaged in the business of wholesale cash and carry of goods and providing marketplace-based e-commerce platforms to facilitate trade between customers and sellers in India.

Google joined Flipkart's captable as a minority investor in May earlier this year with an infusion of $350 million to expand its cloud collaboration.

The CCI has approved a significant transaction involving Flipkart Private Limited, a Walmart Group company, and Shoreline International Holdings LLC, an Alphabet Inc.

Google’s parent company, Alphabet, has received approval to acquire a stake in Flipkart through its subsidiary Shoreline International.