Flipkart Internet Pvt

Company

Last mentioned: 4d ago

Timeline

  1. Bank Pitches

    Formal bank pitches for IPO mandate begin.

  2. Profitability Focus

    Internal focus on profitability and quick commerce expansion.

  3. Pre-IPO Funding

    Flipkart raises $3.6 billion at a $37.6 billion valuation.

  4. Walmart Acquisition

    Walmart acquires 77% stake for $16 billion.

Stories mentioning Flipkart Internet Pvt 1

IPO & Exits Bullish

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

Indian e-commerce giant Flipkart is reportedly initiating its long-awaited public market debut by inviting investment banks to pitch for advisory roles this April. This move marks a significant milestone for the Walmart-controlled entity as it seeks to capitalize on India's booming digital economy and robust capital markets.

2 sources