India, April 27 -- 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 commitm...