Flipkart Plans IPO

Investing.com—Flipkart, India’s largest e-commerce platform valued at $36 billion, is preparing for an initial public offering (IPO) within the next 12-15 months, according to the Economic Times.

The upcoming IPO is anticipated to be one of the largest public listings by a new-economy company, highlighting the maturity of India's rapidly growing startup ecosystem, which is now the world’s third-largest.

The e-commerce giant, owned by Walmart Inc (NYSE:WMT), has received internal approvals to relocate its headquarters from Singapore to India. This move is seen as a preliminary step toward its IPO. Sources report that Flipkart plans to go public by late next year or in the first quarter of 2026.

Flipkart has established itself as a key player in the Indian market, fiercely competing against global rival Amazon (NASDAQ:AMZN).

While specific details about the listing, including timing and valuation targets, remain undisclosed, the potential IPO in 2025 is expected to herald a wave of new-age firms entering the market.

This follows successful public listings by consumer internet companies such as Zomato Ltd (NS:ZOMT), Fsn E-Commerce Ventures (Nykaa) (NS:FSNE), and Swiggy Ltd (NS:SWIG), which have increased retail investor interest in Indian startups.

Flipkart has been discussing the IPO since late 2021, but talks were paused due to challenging market conditions in 2022-23.

This initiative aligns with a global trend of e-commerce companies leveraging strong growth and investor enthusiasm in the post-pandemic digital economy.