Indian startups follow Flipkart’s group company structure to boost valuation

Indian startups follow Flipkart’s group company structure to boost valuation

Photo: REUTERS/Abhishek N. Chinnappa

A number of large and emerging businesses in India’s booming startup ecosystem, including cab-hailing service Ola and online food ordering and delivery startup Swiggy, are following in the footsteps of Flipkart as they explore setting up a group company structure to enhance valuations.

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