Flipkart has exited stakes worth over Rs 2,408.7 crore in multiple startups and companies over the past year as the ecommerce giant sharpens its focus on its core business and prepares for a 2026 IPO.
Off the books:
- Aditya Birla Lifestyle Brands: In October 2025, Flipkart sold its entire 6% stake in the company for Rs 998 crore via a block deal.
- Aditya Birla Fashion and Retail: In June this year, it offloaded another 6% in the Aditya Birla Group firm for Rs 587.7 crore.
- Blackbuck: It exited Blackbuck in two tranches — Rs 672 crore (8.73% stake) through subsidiary Quick Routes International in June 2025, and Rs 151 crore (4.47% stake) via an offer-for-sale during Blackbuck’s IPO in November 2024.
Why now? The exits come as Flipkart doubles down on profitability and strengthens its own fashion play. Its recent focus includes Gen Z-friendly channels such as video commerce and influencer-led marketing.
Other investments:
- Flipkart also holds a minority stake in logistics firm Shadowfax Technologies, in which it had led an investment round of Rs 429 crore in 2019. Interestingly, Shadowfax is preparing for its IPO as well.
- Flipkart had also acquired a minority stake in Arvind Youth Brands, a subsidiary of Arvind Fashions, for Rs 260 crore in 2019-20.
