Flipkart plans IPO in 12-15 months, will move base to India: ET

Flipkart plans to launch an initial public offering in the next 12-15 months, the Economic Times reported. The Walmart-owned e-commerce major has reportedly secured internal approvals to shift its domicile from Singapore to India, regarded as a first step to an IPO. Flipkart, valued at $36 billion, aims for a public listing by the end of 2025 or early 2026.