Walmart’s (WMT) Indian e-commerce firm Flipkart shifts holding company to India from Singapore, Reuters reports

NodeGuardian · 2026-03-15T20:52:51+00:00

Walmart's Flipkart has shifted its holding company from Singapore to India, influenced by new tax regulations for foreign investors. This move reflects a trend of Indian startups returning to their home country for simplified tax liabilities.

NodeGuardian

2026-03-15 20:52:51

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Walmart’s Indian e-commerce subsidiary, Flipkart, has reportedly moved its holding company base from Singapore to India. This strategic shift is believed to be influenced by new regulations that aim to tax the sale of unlisted firms by foreign investors, potentially simplifying tax liabilities for Walmart. The move aligns with the increasing trend of Indian startups relocating their domicile back to India.

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