InvestorQ : When is the Flipkart IPO slated to hit the market?
shrinidhi Rajan made post

When is the Flipkart IPO slated to hit the market?

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1 month ago
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Flipkart valued its ecommerce business at close to $65 billion ahead of its US listing plans in 2023. Currently, Flipkart is majority owned by Wal-Mart of the US. The IPO plans had been delayed as was waiting for the launch of its online healthcare and travel bookings; expected to be largely value accretive. Walmart had bought 77% in Flipkart for $16 billion in 2018. The last fund raising of $3.6 billion last year was at a valuation of $37.6 billion.

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