Domicile shift key step in aligning closely with India’s economy, six-fold increase in investments in AI this year: Flipkart CEO

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Flipkart CEO Kalyan Krishnamurthy in an address to employees on Monday spotlighted the company’s growth momentum and focus on future readiness as he termed the e-commerce giant’s planned domicile shift to India as a significant step toward aligning more closely with the economic and regulatory landscape here. At an internal ‘Flipster Connect’ event on Monday, the top honcho of the IPO-bound company talked about a 6-fold increase in investments in AI this year. He mentioned that Flipkart has initiated the flip back of the company and reaffirmed the…



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Domicile shift key step in aligning closely with India’s economy, six-fold increase in investments in AI this year: Flipkart CEO


Flipkart CEO Kalyan Krishnamurthy in an address to employees on Monday spotlighted the company’s growth momentum and focus on future readiness as he termed the e-commerce giant’s planned domicile shift to India as a significant step toward aligning more closely with the economic and regulatory landscape here. At an internal ‘Flipster Connect’ event on Monday, the top honcho of the IPO-bound company talked about a 6-fold increase in investments in AI this year. He mentioned that Flipkart has initiated the flip back of the company and reaffirmed the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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