Eleven years after it was founded, Flipkart was acquired by Walmart in 2018 for a staggering $16 Bn. And as the ecommerce giant closes in on two decades of retail innovation in India, it’s preparing for another major milestone — an IPO.

This past week, ecommerce major Flipkart confirmed its plans to redomicile to India from Singapore after months of speculation. This kicks off the first of the steps needed for Flipkart to finally hit the IPO milestone.

It’s too early to tell when Flipkart’s train would stop at the Bombay Stock Exchange just yet, but we know that it is closer than ever before. The last major step from a compliance point of view was to reverse flip to India, but the company’s statement about its commitment to India comes at a very curious point in time, given the current geopolitical climate.

This Sunday, we will delve into that and how Flipkart is getting ready for its public debut by blitzscaling the quick commerce business. But first, a look at the top stories from our newsroom this week:

• Trump, Tariffs And VCs: Indian startup investors are groping in the dark to understand the impact of the US’ tariff decision on the country, while many see a glimmer of hope in manufacturing
• The Jumbotail-Solv Deal Math: For Jumbotail, the Solv acquisition could be a big lifeline as the company has struggled to raise funds since 2021 and was too heavily reliant on grocery supply, but the speculated valuation of the combined entity has raised some red flags
• Auto Giants Vs EV Startups: Legacy players like Bajaj and TVS have overtaken most EV startups, leveraging superior manufacturing, supply chains, and brand equity, while startups, once promising, are struggling to maintain momentum

Flipkart Commits To India

“As a company born and nurtured in India, this transition will further enhance our focus and agility in serving our customers, sellers, partners, and communities to continue contributing to the nation’s growing digital economy and entrepreneurship. We are excited by the opportunities ahead and reaffirm our long-term confidence in India’s future,” Flipkart proclaimed in its statement this week.

But this comes just a day or so after Walmart and Amazon became a subject of discussion between the US and India over a trade agreement, according to a Financial Times report.

The report claims that the........

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