Flipkart acquires Israel-based startup Upstream Commerce

Homegrown e-commerce startup Flipkart has acquired Israel-based technology startup Upstream Commerce for an undisclosed amount. Post the acquisition, the Upstream Commerce team, while continuing to work out of Israel, will become a part of Flipkart. It comes just a month after Flipkart acquired artificial intelligence-led speech recognition startup Liv.ai for a reported amount of $40 million.

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