Flipkart’s Valuation Drops by Over ₹41,000 Crore in Two Years: Reports

Flipkart’s value drops by $5 billion, approximately ₹41,000 crore, from January 2022 to January 2024, according to Walmart’s equity transactions. It falls to $35 billion from $40 billion due to Flipkart’s equity restructuring, excluding PhonePe’s demerger. Despite the decline, Flipkart sources claim a present valuation of $38-40 billion, citing increased Gross Merchandise Value (GMV).

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