Bhubaneswar, April 22 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/recent_photo_1745312789.webp
Flipkart, the Indian e-commerce giant founded in 2007 by Sachin and Binny Bansal, has long been a symbol of India's digital retail revolution. Yet, despite its strong Indian roots and operational base, the company has, for over a decade, maintained its legal domicile in Singapore.
This curious corporate arrangement, while initially a strategic choice, is now being reversed. Flipkart recently confirmed plans to shift its holding company back to India. The decision, taken in the context of an upcoming domestic initial public offering (IPO), reflects a changing tide in how Indian startups structure themselves in the global economy...