Flipkart doubling down on its tech presence in Israel

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 company is putting in place a management team and setting up an R&D centre focussing on cyber security, cloud computing and data protection while actively scouting for acquisitions in the country.
“While the size of the team itself is small, Israel is a market Flipkart wants to actively pursue for AI, computer vision and security tech,” said a person aware of the company’s plans. The initiative is led by Flipkart’s senior vice-president of engineering Jeyandran Venugopal.