Walmart executive suggests Flipkart and PhonePe IPOs in India may take up to 2 years, with PhonePe potentially prioritized.

Walmart executive Dan Bartlett reveals that the Initial Public Offerings (IPOs) of Flipkart's marketplace and PhonePe digital payments platform in India may take up to a couple of years. While Flipkart is more mature, PhonePe, tied to India's instant money transfer system, UPI, may be prioritized for an IPO. Both companies have the potential to become $100 billion businesses, according to Walmart.