Last mentioned: Mar 11, 2026
Bank Pitches
Formal process begins for investment banks to bid for IPO underwriting roles.
Bank Pitches
Formal process begins for investment banks to pitch for lead underwriting roles in the IPO.
Bank Pitches
Formal bank pitches for IPO mandate begin.
India Domicile Shift
Flipkart moves its holding company from Singapore to India to prepare for local listing.
Reverse Flip to India
Flipkart moves its holding company from Singapore to India to facilitate a domestic IPO.
Profitability Focus
Internal focus on profitability and quick commerce expansion.
Stake Consolidation
Walmart spends $3.5 billion to buy out remaining shares from Tiger Global and Accel.
PhonePe Separation
Flipkart and PhonePe complete their full separation, though both remain under the Walmart umbrella.
Pre-IPO Funding
Flipkart raises $3.6 billion at a $37.6 billion valuation.
Walmart Acquisition
Walmart acquires 77% stake for $16 billion.
Walmart Acquisition
Walmart acquires a 77% stake in Flipkart for $16 billion.
Walmart Acquisition
Walmart acquires a 77% stake in Flipkart for $16 billion, marking the largest e-commerce deal in India.
Indian e-commerce giant Flipkart is reportedly initiating its long-awaited public market debut by inviting investment banks to pitch for advisory roles this April. This move marks a significant milestone for the Walmart-controlled entity as it seeks to capitalize on India's booming digital economy and robust capital markets.
Indian e-commerce giant Flipkart is reportedly initiating the formal process for its long-awaited public debut, with plans to invite investment banks to pitch for advisory roles as early as April. This move follows the company's strategic relocation of its holding entity from Singapore to India, signaling a definitive shift toward a domestic listing.
Indian e-commerce giant Flipkart is reportedly preparing to invite investment banks to pitch for its long-awaited initial public offering as early as April 2026. The move follows a strategic relocation of the company's legal domicile from Singapore to India, marking a major milestone for majority-owner Walmart.