India, Sept. 26 -- IPO-bound ecommerce major Flipkart has reportedly received in-principle approval from a Singapore court to reverse flip back to India.

Sources told TechCrunch that the company is in advanced stages of securing regulatory approvals to shift its headquarters from Singapore to India, adding that the redomiciling process could likely be completed in the next "couple of months".

As per the report, the National Company Law Appellate Tribunal (NCLAT) has also conducted multiple hearings in connection with Flipkart's reverse flip petition. The tribunal's speedy approval will be critical as Flipkart is reportedly eyeing a public listing as early as 2026.

A Flipkart spokesperson declined to comment on Inc42's queries on the ma...