Flipkart plans to relocate holding company from Singapore to India ahead of potential IPO

Flipkart, the Walmart-owned e-commerce giant, announced on Monday its plan to shift its holding company from Singapore to India, signaling a strategic move ahead of a potential initial public offering (IPO).

“This move is a natural progression that aligns our holding structure with our core operations, the vast potential of the Indian economy, and our tech-driven approach to digital transformation,” said a Flipkart spokesperson. “As a company born and built in India, this transition will sharpen our focus and agility in serving customers, sellers, partners, and communities, while reinforcing our commitment to India’s growing digital economy and entrepreneurial ecosystem.