Flipkart Internet Pvt

Company

Last mentioned: 4d ago

Timeline

  1. Bank Pitches

    Formal process begins for investment banks to pitch for lead underwriting roles in the IPO.

  2. Reverse Flip to India

    Flipkart moves its holding company from Singapore to India to facilitate a domestic IPO.

  3. PhonePe Separation

    Flipkart and PhonePe complete their full separation, though both remain under the Walmart umbrella.

  4. Walmart Acquisition

    Walmart acquires a 77% stake in Flipkart for $16 billion, marking the largest e-commerce deal in India.

Stories mentioning Flipkart Internet Pvt 1

IPOs & Listings Bullish

Walmart-Backed Flipkart Prepares for Landmark IPO with April Bank Pitch

Indian e-commerce giant Flipkart is reportedly initiating the formal process for its long-awaited public debut, with plans to invite investment banks to pitch for advisory roles as early as April. This move follows the company's strategic relocation of its holding entity from Singapore to India, signaling a definitive shift toward a domestic listing.

2 sources