Flipkart ups IPO valuation target to $60- bn, eyes 2023 US listing

April 7, 2022

Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, and now plans a US listing in 2023 instead of this year, two sources with direct knowledge of the plan told Reuters. The main reason for waiting for the IPO is due to