Flipkart is moving its headquarters back to India as the Walmart-backed e-commerce giant approaches its IPO. The company has reached approximately $30 billion in gross merchandise volume, signaling strong growth ahead of the public listing. This strategic relocation aligns with local regulations and market expectations for Indian companies.
Background
Flipkart is one of India's largest e-commerce platforms, acquired by Walmart in 2018 for $16 billion. Companies often optimize their corporate structure and location ahead of major financial events like IPOs.
- Source
- TechCrunch
- Published
- Mar 9, 2026 at 08:47 PM
- Score
- 7.0 / 10