Flipkart is primarily owned by Walmart, which holds a controlling stake of about 80.5% as of 2025. Walmart acquired this majority stake in Flipkart in 2018 and has since increased its ownership by purchasing shares from other investors. Flipkart was initially founded by Sachin Bansal and Binny Bansal in 2007, but both founders have sold their stakes to Walmart over time. The company recently shifted its holding entity from Singapore back to India in preparation for an IPO under Walmart's plans.
