Flipkart, valued at $36 billion, plans IPO in 2025, positioning itself as key player

From Investing.com: 2024-12-08 20:26:15

Flipkart, valued at $36 billion, is preparing for an IPO within the next 12-15 months, making it one of India’s largest public listings. The e-commerce giant, owned by Walmart, is shifting headquarters to India as a preliminary step towards the IPO.

Although specific details are undisclosed, Flipkart’s potential IPO in 2025 is expected to pave the way for other new-age firms to enter the market. This follows successful listings by Indian consumer internet giants like Zomato, Nykaa, and Swiggy, boosting retail investor interest in startups.

Talks of Flipkart’s IPO began in late 2021 but were delayed due to unfavorable market conditions. The move aligns with a global trend of e-commerce companies capitalizing on post-pandemic digital economy growth and investor interest.



Read more at Investing.com: India’s Flipkart readies for massive IPO in 2025/2026