Flipkart completes redomiciliation process ahead of IPO in India

Flipkart has completed the process of shifting its holding company domicile back to India from Singapore ahead of its public listing. "Flipkart…received government…approval for its internal restructuring, pursuant to which Flipkart Internet Private Limited is now the holding entity of Flipkart group," its spokesperson said. Reportedly, Flipkart is in talks with several investment banks for IPO.