Flipkart may file for an IPO in 4 years: Walmart
India's Flipkart may file for an Initial Public Offering (IPO) four years after the close of the Walmart-Flipkart transaction, the US-based retail giant has said in filings. The IPO should be done at no less a valuation than that at which Walmart invested in Flipkart, the filing said. Walmart will acquire a 77% stake in Flipkart for $16 billion.