In a strategic realignment, Flipkart has announced it will relocate its headquarters from Singapore to India — a significant move that marks its deeper commitment to its country of origin. The company stated that this transition reflects its desire to align the holding structure with its core operations, and to fully leverage the vast potential of the Indian economy.
“As a company born and nurtured in India, this move enhances our focus and agility in serving our customers, sellers, partners, and communities. It also underlines our confidence in India’s digital future,” a Flipkart spokesperson said.
Flipkart praised India’s improving business climate, crediting government initiatives aimed at fostering innovation and ease of doing business. The company emphasized that the relocation is part of a broader vision to contribute to the nation’s digital transformation and entrepreneurship ecosystem.
Although the shift awaits final regulatory approvals, it follows a growing trend among Indian-origin tech firms. Startups like Zepto, Groww, PhonePe, Razorpay, and InMobi have also either moved or are in the process of returning their headquarters to India. Many of these moves are seen as preparation for public listings on Indian stock exchanges, where domestic valuations and investor interest are rising.
This development also aligns with comments made by Walmart’s executive vice president Dan Bartlett, who recently shared that Flipkart and PhonePe are both preparing for IPOs in India within the coming years.
Founded in 2007 in Bengaluru by Sachin Bansal and Binny Bansal, Flipkart began as an online bookstore before expanding into electronics, fashion, and groceries. In 2011, the company moved its base to Singapore to attract international capital and navigate India’s complex investment regulations. That move paid off when Walmart acquired a 77% stake in 2018 for $16 billion, making it one of the largest e-commerce deals globally.
The return to India marks a new chapter — one that not only signals a homecoming but also a long-term vision for Indian innovation and economic growth.
