Flipkart raises IPO valuation target to $60-70 bn, eyes 2023 listing: Report - Mint


4/7/2022 12:00:00 AM3 years 10 months ago
by Reuters

Flipkart, which competes with Amazon.com Inc in India's booming e-commerce space, had earlier set an IPO valuation goal of $50 billion

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 U.S. listing in 2023 instead of this year, two sources… [+3027 chars]

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