Flipkart HQ is relocating to India-here’s how it could unlock its IPO future.
- ByPrachi Arora
- 22 Apr, 2025
- 0 Comments
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In a major power move, e-commerce giant Flipkart is relocating its headquarters from Singapore back to India, the very country where it was born and bred. The decision marks a strategic homecoming after more than a decade abroad and signals a growing confidence in India's digital future.
Flipkart called the move a “natural evolution,” aligning its global holding structure with its core Indian operations and the vast potential of the country's economy. But there's more to it-this shift echoes a fast-growing trend among Indian unicorns. In recent months, startups like Zepto, Groww, and PhonePe have all returned to Indian soil, lured by booming markets, friendlier valuations, and dreams of a blockbuster IPO right at home.
Founded in Bengaluru in 2007, Flipkart moved its HQ to Singapore in 2011 for better access to global funding and tax advantages. Now, with India's digital revolution gaining speed and the government creating a fertile ground for businesses, it's flipping the script-again.
Industry watchers say this isn't just symbolic. With Flipkart eyeing an IPO and PhonePe already laying groundwork for its market debut, the headquarters shift could turbocharge their stock listings on Indian exchanges.
And let's not forget-Walmart, which bought a 77% stake in Flipkart for $16 billion in 2018, is watching closely. The message is clear: India's digital dominance is here, and the big players are coming back to claim their spot.
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