Flipkart doubling down on its tech presence in Israel - ET Retail
Firm setting up an R&D centre to focus on cyber security, cloud computing and data protection.
- BENGALURU: Flipkart , India's biggest ecommerce company, is doubling down on its technology base in Israel six months after acquiring analytics startup Upstream Commerce, said two people aware of the development.
- The initiative is led by Flipkart's senior vice-president of engineering Jeyandran Venugopal.
- Reports indicate that Walmart CEO Doug McMillon and senior company representatives met Israeli government officials last week and visited local hi-tech startup companies.
- Several of India's top startups including ride-hailing platform Ola and digital wallet company Paytm have set up technology teams overseas.