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Flipkart completed its move from Singapore to India, clearing a key hurdle for its planned 2026–2027 IPO.
Flipkart has completed its relocation from Singapore to India, finalizing a regulatory shift that clears a major hurdle for a planned Indian initial public offering (IPO) by late 2026 or early 2027.
The move, approved by India’s government and National Company Law Tribunal under Press Note 3 rules due to Tencent’s stake, makes Flipkart Internet Private Limited the new holding entity, consolidating key subsidiaries under an Indian parent.
The restructuring aligns with a broader trend of Indian tech firms returning home ahead of public listings.
The company is now preparing to file its draft prospectus and has engaged major investment banks for the IPO process.
This follows a recent round of job cuts, with around 300 employees let go as part of an annual performance review.
Flipkart completó su traslado de Singapur a la India, eliminando un obstáculo clave para su IPO planificada para 2026-2027.