Flipkart Plans to List its Overseas IPO As Early As 2021
E-commerce firm Flipkart is eyeing for an initial public offerings in the US and Singapore as early as 2021. The offering could value the firm up to $50 billion (roughly Rs. 3,68,512 crores), sources familiar with the company's plans told Reuters. Reportedly, Flipkart's current market value stands at $25 billion. However, the Bengaluru-based firm has not responded on the information being surfaced yet.