Flipkart may fast-track IPO plan to 20212 min read 16 Sep 2020, 08:39 PM IST
Flipkart would look at an overseas listing, either in US, where Walmart is headquartered or another country, and could be valued at $40-45 billion
Flipkart's subsidiary, PhonePe, which the e-commerce major acquired in April, 2016 is also looking to turn profitable by 2022, and go public by 2023
Bengaluru: Flipkart, India’s most valuable consumer internet startup, may go for a public listing as early as next year, on the back of rapid digital transformation in the country, that has been further accelerated by the covid-19 pandemic, said a person familiar with the development.
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