{"id":448249,"date":"2026-05-15T16:47:06","date_gmt":"2026-05-15T11:17:06","guid":{"rendered":"https:\/\/zerodha.com\/z-connect\/?p=448249"},"modified":"2026-05-15T16:47:57","modified_gmt":"2026-05-15T11:17:57","slug":"flipkart-defers-ipo-as-walmart-pushes-profitability-first-strategy","status":"publish","type":"post","link":"https:\/\/zerodha.com\/z-connect\/news\/flipkart-defers-ipo-as-walmart-pushes-profitability-first-strategy","title":{"rendered":"Flipkart Defers IPO as Walmart Pushes Profitability-First Strategy"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Walmart-owned Flipkart has reportedly deferred its initial public offering (IPO) plans as the company shifts its focus toward achieving profitability. According to reports, Walmart has directed the e-commerce giant to prioritise EBITDA breakeven by the end of FY27 before considering any external fundraising or public listing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The decision was reportedly taken during Walmart CEO John Furner\u2019s recent visit to Bengaluru. This marks the second major India-focused IPO delay by Walmart after PhonePe also postponed its listing plans amid volatile market conditions. Walmart currently owns over 80% stake in Flipkart.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Flipkart has been working to improve its financial performance by reducing losses and tightening investments, even as competition intensifies in the e-commerce and quick commerce sectors. The company\u2019s marketplace arm, Flipkart Internet, reported a consolidated net loss of Rs 1,494.2 crore in FY25, down 37% year-on-year from Rs 2,358.7 crore in the previous fiscal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Reports also suggest that Flipkart has paused plans for a pre-IPO funding round to maintain focus on margin improvement. At the same time, the company is witnessing leadership changes, including the resignation of Group CFO Sriram Venkataraman earlier this year.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walmart-owned Flipkart has reportedly deferred its initial public offering (IPO) plans as the company shifts its focus toward achieving profitability. According to reports, Walmart has directed the e-commerce giant to prioritise EBITDA breakeven by the end of FY27 before considering any external fundraising or public listing. The decision was reportedly taken during Walmart CEO John [&hellip;]<\/p>\n","protected":false},"author":176551,"featured_media":415594,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1152],"tags":[276,97],"class_list":["post-448249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-zerodha-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.5 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Flipkart Defers IPO as Walmart Pushes Profitability-First Strategy &#8211; Z-Connect by Zerodha<\/title>\n<meta name=\"description\" content=\"Walmart-owned Flipkart has reportedly deferred its initial public offering (IPO) plans as the company shifts its focus toward achieving profitability.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zerodha.com\/z-connect\/news\/flipkart-defers-ipo-as-walmart-pushes-profitability-first-strategy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Flipkart Defers IPO as Walmart Pushes Profitability-First Strategy\" \/>\n<meta property=\"og:description\" content=\"Walmart-owned Flipkart has reportedly deferred its initial public offering (IPO) plans as the company shifts its focus toward achieving profitability.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zerodha.com\/z-connect\/news\/flipkart-defers-ipo-as-walmart-pushes-profitability-first-strategy\" \/>\n<meta property=\"og:site_name\" content=\"Z-Connect by Zerodha\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/zerodha.social\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/zerodha.social\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-15T11:17:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-15T11:17:57+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Zerodha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@zerodhaonline\" \/>\n<meta name=\"twitter:site\" content=\"@zerodhaonline\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Zerodha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/news\/flipkart-defers-ipo-as-walmart-pushes-profitability-first-strategy\",\"url\":\"https:\/\/zerodha.com\/z-connect\/news\/flipkart-defers-ipo-as-walmart-pushes-profitability-first-strategy\",\"name\":\"Flipkart Defers IPO as Walmart Pushes Profitability-First Strategy &#8211; 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