Flipkart IPO Upcoming

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To be announced
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About Flipkart

Flipkart Private Limited, founded in 2007 by Sachin Bansal and Binny Bansal, is an Indian e-commerce company headquartered in Bengaluru. It offers products across categories such as groceries, electronics, fashion, home, and lifestyle. Over the years, Flipkart has expanded through acquisitions including Myntra, Jabong, and eBay India. In 2018, Walmart acquired a majority stake in the company. Flipkart serves a wide customer base across India and operates branch offices in Delhi and Mumbai. The company is in the process of shifting its headquarters from Singapore back to India ahead of its planned public listing.

Financials of Flipkart

Flipkart Valuation

Flipkart has raised over $14.01 billion across 23 funding rounds from investors such as Kalaari Capital, Endiya Partners, Satyadharma Investment, Chiratae Ventures, InnoVen Capital, and financial institutions like HDFC Bank, Axis Bank, and Kotak Mahindra Bank. In 2018, Walmart acquired a majority stake in the company for $16 billion. Over the years, Flipkart has expanded its product offerings to include electronics, fashion, home essentials, and groceries. The company’s valuation has seen steady growth, supported by both venture capital and corporate investors. The company’s growth, supported by acquisitions like Myntra and Jabong, highlights its ongoing role in the digital economy.

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