Whalesbook
So, Flipkart abhi ek bada move kar raha hai. Ye log apne public listing yaani IPO se pehle $2 Billion se lekar $2.5 Billion tak ka naya paisa jama karne ki soch rahe hain. Ye is saal Google se mile $350 Million ke baad ka bada step hai. Is naye fund se Flipkart apni 'Minutes' service jaisi quick commerce operations ko ekdum fast karna chahta hai aur apna logistics network bhi tagda karna chahta hai. Goal hai ki IPO se pehle rivals jaise Blinkit, Swiggy Instamart, Zepto aur BigBasket ko takkar de sakein.
Flipkart already India mein GMV ke hisaab se leader hai, par ye quick delivery game mein competition bahut tight hai. Is funding se company apni valuation bhi set karna chahti hai IPO ke liye. Pichli baar, May 2024 mein, Flipkart ki valuation $36 Billion thi, aur umeed hai ki yeh naya round isse bhi zyada valuation dikhayega. Par bhai, sabse bada twist yeh hai ki Flipkart ka majority owner, Walmart, jiski 80% se zyada stake hai, uski approval bahut zaroori hai. Is approval ke bina yeh deal mushkil hai. CEO Kalyan Krishnamurthy khud investors se mil rahe hain London, Singapore, US mein, aur Goldman Sachs, JP Morgan, Bank of America jaise bade banks bhi isme help kar rahe hain.
Financials ki baat karein toh Flipkart Internet Private Limited, jo marketplace arm hai, usne apne losses kam kiye hain. FY 2025 mein unka consolidated net loss ₹1,494.2 Crore raha, jo pichhle saal ke ₹2,358.7 Crore se kaafi kam hai. Revenue bhi 14.4% badh kar ₹20,493.3 Crore ho gaya, mainly advertising se.
Lekin competition toh rukne wala hai nahi. Meesho aur Amazon bhi apne services badha rahe hain. Zepto jaise startups $5 Billion valuation paar kar chuke hain, aur Zomato ne toh Blinkit ko acquire kar liya. Startup funding mein thodi optimism hai, par bade raises par investors ki nazar rehti hai.
Risks bhi hain. Walmart ki approval ek bada 'IF' hai, woh terms change kar sakte hain ya apni stake maintain karna chhahte honge. Competition mein rehne ke liye paisa lagataar kharch karna padta hai. Pichhli reports mein yeh bhi tha ki Flipkart ke board ne CEO ko spending cut karne ko kaha tha cash burn control karne ke liye. Toh yeh sab cheezein IPO valuation par asar daal sakti hain, aur 2026 mein tech IPOs ka general mood bhi matter karega.
So, IPO ka timeline iss funding round aur Walmart ki haan par depend karta hai. Dekhna hoga ki Flipkart kaise growth aur profitability ka balance banata hai IPO ke liye.