09 December 2024
Flipkart IPO: Flipkart, currently valued at $36 billion and recognised as India's premier ecommerce company, has set its sights on going public. The organisation is establishing a clear schedule of 12-15 months for its initial public offering (IPO), according to several individuals familiar with the plans. This forthcoming share issue, anticipated to be the largest by a new- economy company, represents a significant milestone for India's startup ecosystem, now ranked third globally.
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