Flipkart, the Indian e-commerce giant, has announced plans to move its holding company from Singapore back to India, a strategic decision made as its parent company, Walmart $WMT, prepares for an initial public offering (IPO) of the 17-year-old entity. This shift reflects a larger trend among Indian startups previously registered abroad to relocate owing to new opportunities for more favorable IPO conditions within India.

Recent reports from a leading consultant on internet company transactions in India indicate that over 30 tech start-ups with a combined valuation of around 100 billion USD are expected to make their public debut through initial public offerings (IPOs) by 2027. These events could significantly influence stock sales in the country and create new opportunities for investors.

Recent inspections at the warehouses of major retail giants Amazon and Flipkart have uncovered products that fail to meet mandatory certification standards. This development has generated significant discussion regarding quality control in India’s rapidly expanding e-commerce sector, emphasizing the need to adhere to safety and compliance requirements.