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Flipkart to defer IPO to focus on profitability in FY27: Report
short by Jessica Rajan / on Friday, 15 May, 2026
US-based retailer Walmart has asked ecommerce firm Flipkart to defer its initial public offering (IPO) plans and focus on achieving EBITDA breakeven by the end of FY27, Moneycontrol reported. The decision was taken during Walmart CEO and President John Furner's visit to Bengaluru last week. This marks the second delayed India IPO for Walmart after PhonePe.
read more at Moneycontrol