Flipkart plans to shift domicile from Singapore to India
Shortpedia
Content Team
Image Credit: newsbytes
E-commerce titan, Flipkart, is reportedly considering a shift of its domicile or holding company from Singapore to India. This move is part of the company's strategy for an upcoming initial public offering (IPO), as per a report by ET. Walmart-controlled Flipkart would be the second entity in the group to undertake such a transition, following PhonePe's separation and relocation in December 2022.
