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Flipkart moves the headquarters back to India before IPO
Flipkart is returning home. E-Commer Indian Trade Company, Own most By Walmart, the plan is announced to move his headquarters back to India from Singapore. This decision seems to be a part of the company’s preparation for the initial public offering (IPO) in exchange of years.
In 2007, which was founded at Bengaluru in Begaluru in 2007, the most popular attraction of online of online trading platforms In 2011, it was initially decided this time, including the desire to attract foreign investment and favorable tax conditions. At that time, the Dia’s Difficulty has presented an important challenge for the start, which moves to change. Now, the company is back to its root.
For the part of it, Flipkart explained that his decision to relocate his headquarters back to India as a “evolution.” Flipkart is part of Indian e-composers trade landscape, “
Movement to India is bound to the plan of Flipkart closely for IPO in exchange of Indian stock. According to media reports, the E-Commerce reports are expected to file within 12 to 15 months, and access to the Indian market. It also happens when the beginning many other times, including players and growth, recently moved their headquarters to India from another area.
This change has some time when the IPA market saw some cooling. After recording a $ 70 billion record to support in 2024, including $ 16 billion in the IPO activity, the market has entered the period of correction. However, India is also an interesting place for the beginning to go public, even if it is cool down to the year 500 million. Flipkart’s decision will encourage confidence in additional Indian capital markets. As one of the largest electronic trade players in the country, the exchange of Indian stock exchange.
In fact, sudllaarsshan Ramakrishnan, collaboration of Goldman Sachs, which they believe they believe they will be better appreciated. Ramakrishnan has supported India “” Ramakrishnan said “
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