Connect with us

eCommerce

Flipkart’s Big India Bet

Published

on

[ad_1]

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…

[ad_2]

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply