Flipkart plans a $36 billion IPO in the next year, moving after shifting its base to India.

Flipkart, India's largest e-commerce company, is planning an IPO valued at $36 billion, scheduled for the next 12-15 months. This move follows successful listings by other startups like Zomato and Swiggy, and comes after Flipkart shifted its domicile from Singapore to India. The IPO aims to improve profitability while maintaining growth. Amazon India is also facing leadership changes, including the recent resignation of its consumer electronics head.

3 months ago
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