Source: Reuters (via feed)
Walmart’s Indian e-commerce firm Flipkart has shifted its holding company to India from Singapore. The company announced the move on Monday. This change paves the way for its planned stock market listing in India.
BizTrendWire Insight:
Flipkart’s relocation of its holding company is linked to its preparation for an IPO in India.
Flipkart’s relocation of its holding company is linked to its preparation for an IPO in India.