Flipkart’s $36B IPO Journey: A Milestone in the Making

Flipkart aims for a $36B IPO within 12-15 months, moving its domicile from Singapore to India, signalling a landmark listing.

Key Listing Preparations

Walmart-backed Flipkart gains internal approvals for the IPO process, targeting its public debut from late 2025 to early 2026.

Record Financials in FY24

Flipkart posts Rs 17,907 Cr revenue (+21% YoY) and narrows losses by 41%. Ad revenue grew 50% to Rs 5,000 Cr.

Walmart’s Strategic Role

With over $2B invested since 2018, Walmart’s 81% ownership accelerates Flipkart’s IPO ambitions.

Festive Sales Momentum

Festive season sales hit Rs 1L Cr, with Flipkart leading India’s booming ecommerce market.

IPO to Set a Benchmark

Flipkart’s IPO could be a landmark event in India’s startup ecosystem, inspiring future success stories.