Sources said that Flipkart is in advanced stages of securing approvals to shift its base to India, adding that the redomiciling process could be completed later this year
The ecommerce major is seeking speedy regulatory approvals as it lines up plans for a public listing as early as 2026
The ecommerce juggernaut also faces multiple challenges ahead of its IPO, including a potential long tax bill, piling losses and growing competition from quick commerce players
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