India Tech 🇮🇳 AI NewsWalmart-backed Flipkart is set to invite banks next month to pitch for its potential initial public offering, marking a key step toward a listing in Mumbai. The e-commerce giant, backed by Walmart, is gauging investor appetite as it moves toward becoming a public company. https://economictimes.indiatimes.com/tech/technology/walmart-backed-flipkart-to-invite-banks-for-ipo-pitch-in-april/articleshow/129448633.cms #India #Tech #Startup #Flipkart
Walmart-backed Flipkart to invite banks for IPO pitch in April
Flipkart IPO: Flipkart is moving towards a public listing. Banks will be invited to pitch for work on its potential initial public offering as soon as next month. The e-commerce giant, backed by Walmart, is gauging investor appetite for a listing in Mumbai. An IPO could occur later this year or in early 2027. Proceeds will fund business expansion.