Eleven years after it was founded, Flipkart was acquired by Walmart in 2018 for a staggering $16 Bn. And as the ecommerce giant closes in on two decades of retail innovation in India, it’s preparing for another major milestone — an IPO.
This past week, ecommerce major Flipkart confirmed its plans to redomicile to India from Singapore after months of speculation. This kicks off the first of the steps needed for Flipkart to finally hit the IPO milestone.
It’s too early to tell when Flipkart’s train would stop at the Bombay Stock…