E-commerce giant Flipkart officially moves legal home from Singapore to India
E-commerce giant Flipkart has officially moved its legal home to India from Singapore. Analysts say the move has paved the way for what could be one of the country's biggest-ever tech IPOs. Reports say the Walmart-backed company is already in early talks with investment banks, as India’s e-commerce sector is projected to be worth US$345 billion by 2030. Ishan Garg reports from New Delhi.
E-commerce giant Flipkart has officially moved its legal home to India from Singapore. Analysts say the move has paved the way for what could be one of the country's biggest-ever tech IPOs. Reports say the Walmart-backed company is already in early talks with investment banks, as India’s e-commerce sector is projected to be worth US$345 billion by 2030. Ishan Garg reports from New Delhi.
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