India, April 22 -- After months of speculation about it shifting its base from Singapore to India, ecommerce major Flipkart has confirmed its plans to reverse flip.

"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," a spokesperson of the Walmart-owned company said.

The spokesperson added that the move aligns with the company's "deep and unwavering commitment to India and its remarkable growth".

"This strategic decision reflects our deep and un...