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Flipkart Plans IPO Next Year
Business Standard
|April 23, 2025
Targets valuation of up to $70 billion
Flipkart, the Walmart-backed e-commerce giant, is aiming to go public in India as early as next year, with an initial public offering (IPO) valuation target of $60 billion to $70 billion, according to people familiar with the matter. If realised, the offering would rank as the largest consumer-tech IPO in India's history.
The company, based and operating in India, has initiated steps to relocate its holding company from Singapore to India, a move intended to smooth the path for a domestic listing.
Flipkart's board has approved the redomiciling process, which is expected to be completed ahead of its IPO within the next 12 to 15 months, according to the sources.
このストーリーは、Business Standard の April 23, 2025 版からのものです。
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