Monday, 15 December, 2025
Flipkart's Major Step Towards India IPO
Walmart-owned Flipkart has received NCLT clearance to shift its domicile from Singapore back to India. This "reverse-flip" is a crucial regulatory step in preparation for the e-commerce giant’s much-anticipated initial public offering (IPO) on Indian exchanges, expected in 2026. The company is now seeking government approval due to Chinese investor Tencent's stake.
Read full story at Economic Times