Flipkart
- Industry: E-commerce
- IPO Status: High Probability
- Valuation: $35 billion (as of January 31, 2024)
- Funding Raised: Over $11 billion
- USP: Leading Indian e-commerce platform with a strong focus on affordability and logistics
Flipkart is a dominant force in the Indian e-commerce landscape, offering a vast selection of products across categories like electronics, fashion, homeware, and groceries. The company is known for its focus on affordability and convenience, providing competitive pricing and efficient delivery services across India. While Flipkart experienced a valuation decline in early 2024 due to the demerger of its fintech arm PhonePe, it remains a major player in the rapidly growing Indian e-commerce market. A successful IPO could provide Flipkart with the capital needed to further expand its reach and solidify its position as the leading e-commerce platform in India.
11 Startups Predicted To Launch IPOs This Year
The year 2024 is shaping up to be a banner year for Initial Public Offerings (IPOs), particularly in the tech sector. After a strong showing in the latter half of 2023, investor sentiment remains bullish, and a healthy pipeline of exciting startups is primed to go public.
The IPO market is a fascinating space where private companies raise capital from the public by selling shares on a stock exchange. A successful IPO can be a transformative event for a startup, allowing it to scale operations, fuel growth, and potentially reward early investors. For investors, upcoming IPOs in 2024 present an opportunity to get on the ground floor of promising companies with the potential for high returns.
Read In Short:
- Tech giants like Databricks and UiPath are lining up to go public, alongside exciting newcomers like Ola Electric in India.
- Investors are eyeing opportunities in high-growth areas like artificial intelligence (AI), e-commerce, and automation with robotic process automation (RPA).
- Blockbuster IPOs like Swiggy in India and potentially ByteDance are generating significant buzz.
- 2024 is shaping up to be a banner year for the IPO market.
- This presents exciting opportunities for investors seeking a piece of the action.
Table of Content
- Databricks
- UIPath
- Flipkart
- Discord
- SpaceX
- GitLab
- Chime
- Instacart
- Swiggy
- Ola Electric
- ByteDance (TikTok)
- Conclusion
- Startups To Launch IPOs This Year – FAQs