Evaluating the right time for Flipkart IPO: Walmart International CEO

Flipkart’s parent Walmart said it is evaluating the right time for taking the Indian ecommerce firm public. “We are looking at and exploring when will be the right time to IPO that business (Flipkart). But now there’s strong growth both in Flipkart and in PhonePe, and we’re excited about the India market,” said Kath McLay, president and CEO, Walmart’s international.