Flipkart IPO likely to be delayed as Walmart-owned online retailer to prioritise profitability, says report

Walmart, the US retail giant, has asked the e-commerce platform Flipkart to pause its IPO plans and focus instead on achieving EBITDA breakeven before the end of FY27, according to a Moneycontrol report.

As reported by Moneycontrol and based on insights from knowledgeable sources, this decision was made during Walmart CEO and President John Furner’s recent visit to Bengaluru—his first trip to India since assuming the role in February.