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IPO-bound Flipkart gains key approvals to relocate to India
Flipkart is set to become the most valuable startup to shift its headquarters back to India ahead of a planned IPO.
The redomiciling process has received in-principle approvals from a Singapore court, while several hearings have already taken place at India’s National Company Law Appellate Tribunal (NCLAT), people familiar with the matter told TechCrunch. Flipkart is working toward completing the transition within the next couple of months, aligning with India’s festive season — a critical sales period — and laying the groundwork for a public listing expected as early as 2026. Startups including Zepto and Groww have also relocated their headquarters to India in recent months as they prepare to go public on Indian stock exchanges.
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