Flipkart IPO on the cards? Here’s what Walmart’s company is looking at ahead of the big milestone

Walmart-owned Flipkart’s initial public offering (IPO) is a certain thing but how soon it would be on the horizon is a matter that has always kept the Indian startup ecosystem and its stakeholders on tenterhooks. After all, Flipkart has been the e-commerce poster boy in India’s journey towards digitisation of at least its consumer-facing services. Talks around Flipkart’s IPO have been happening for the past few years in the backdrop of different developments at the company even as it counts the listing event as part of its long-term strategy. “An initial public offering has always been part of Flipkart’s long-term strategy. However, the focus at present is on growth and democratising commerce in India through technology, while continuing to unlock customer value, Walmart-owned e-commerce company told Financial Express Online in a statement.