CosmicTaco

Flipkart Shifts HQ Back to India for IPO

CosmicTaco · 2025-04-22T11:11:26.589021+05:30

- Flipkart, a major Indian e-commerce player, plans to move its headquarters from Singapore to India as it gears up for an IPO. - This strategic move aligns with the company's core operations and the growth potential of India's economy. - Originally based in Bengaluru, Flipkart relocated to Singapore in 2011 for investment and tax benefits. - The return to India follows a trend of startups shifting HQs back to gain better market valuations. - Despite market corrections, investors remain optimistic about the Indian market's growth potential. Source: [TechCrunch](https://techcrunch.com/2025/04/21/flipkart-to-relocate-hq-to-india-ahead-of-ipo/)

Flipkart, a major Indian e-commerce player, plans to move its headquarters from Singapore to India as it gears up for an IPO.
This strategic move aligns with the company's core operations and the growth potential of India's economy.
Originally based in Bengaluru, Flipkart relocated to Singapore in 2011 for investment and tax benefits.
The return to India follows a trend of startups shifting HQs back to gain better market valuations.
Despite market corrections, investors remain optimistic about the Indian market's growth potential.

Source: TechCrunch