Who Owns Flipkart?
Updated onUse this page to find the Flipkart owner and explore the full ownership hierarchy. See the owner of Flipkart, the parent company, holding structures, and ultimate controllers.
Flipkart
Flipkart is an Indian e-commerce marketplace headquartered in Bengaluru that sells electronics, fashion, groceries, home goods and more to consumers across India.
Starts at $0
Walmart
Walmart is a multinational retail corporation operating a large chain of discount department stores, supercenters and grocery stores with major online and omnichannel retail operations.
Flipkart
Flipkart is an Indian e-commerce marketplace headquartered in Bengaluru that sells electronics, fashion, groceries, home goods and more to consumers across India.
Starts at $0
Walmart
Walmart is a multinational retail corporation operating a large chain of discount department stores, supercenters and grocery stores with major online and omnichannel retail operations.
Major Shareholders
Flipkart
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Walmart Inc. Walmart is the majority (controlling) owner — ownership rose from ~75% in early 2023 to ~85% as of Jan 31, 2024 per Walmart SEC filings and annual reports (Walmart purchased additional minority stakes from other holders during fiscal 2024). ([sec.gov](https://www.sec.gov/Archives/edgar/data/104169/000010416925000021/wmt-20250131.htm?utm_source=openai)) | Corporate | 85.0% | 85.0% | Jan 2024 |
Tencent Holdings Ltd. Longstanding minority investor remaining on Flipkart’s shareholder list and board historically; exact current percentage not disclosed in public filings cited here. ([corporate.walmart.com](https://corporate.walmart.com/news/2018/08/18/walmart-and-flipkart-announce-completion-of-walmart-investment-in-flipkart-indias-leading-marketplace-ecommerce-platform?utm_source=openai)) | Corporate | - | - | - |
Tiger Global Management (private investment funds) Earlier minority investor; has sold or reduced portions over time but remained a listed minority holder in communications around the Walmart deal. Exact current stake not publicly specified in the cited filings. ([corporate.walmart.com](https://corporate.walmart.com/news/2018/08/18/walmart-and-flipkart-announce-completion-of-walmart-investment-in-flipkart-indias-leading-marketplace-ecommerce-platform?utm_source=openai)) | Institutional | - | - | - |
Microsoft Corporation Named as a historic minority investor retained after Walmart’s 2018 transaction; up-to-date percentage not disclosed in the sources reviewed. ([corporate.walmart.com](https://corporate.walmart.com/news/2018/08/18/walmart-and-flipkart-announce-completion-of-walmart-investment-in-flipkart-indias-leading-marketplace-ecommerce-platform?utm_source=openai)) | Corporate | - | - | - |
Founders / Individual holders (e.g., Binny Bansal and other former founders/executives) Founders and other individual insiders previously held minority stakes; several (including Binny Bansal and Sachin Bansal at different times) have sold portions of their holdings to Walmart over the years, leaving only small or variable residual holdings. Precise current percentages not publicly available in the reviewed filings. ([corporate.walmart.com](https://corporate.walmart.com/news/2018/08/18/walmart-and-flipkart-announce-completion-of-walmart-investment-in-flipkart-indias-leading-marketplace-ecommerce-platform?utm_source=openai)) | Individual | - | - | - |
Walmart
Major Shareholders
| Name | Type | Ownership | Voting | As of |
|---|---|---|---|---|
Walton family (via Walton Enterprises LLC and Walton Family Holdings Trust) Founding Walton family collectively controls about 3.61 billion Walmart shares through Walton Enterprises LLC and Walton Family Holdings Trust, giving it effective control of roughly 45% of the company’s common stock and votes, per Schedule 13D/13G filings. | Family | 44.9% | 44.9% | Dec 2024 |
The Vanguard Group, Inc. (including Vanguard Fiduciary Trust Co.) Largest non-Walton institutional shareholder; MarketScreener and other ownership databases report Vanguard-managed entities holding about 435.7 million Walmart shares (~5.46%). | Institutional | 5.5% | 5.5% | Dec 2025 |
BlackRock, Inc. (including BlackRock Advisors LLC) Global asset manager with roughly 251.4 million Walmart shares (~3.15%) held across BlackRock-managed funds and accounts. | Institutional | 3.2% | 3.2% | Dec 2025 |
State Street Corporation Index fund and ETF provider (via State Street Global Advisors) reported holding about 184.8 million Walmart shares (~2.32%). | Institutional | 2.3% | 2.3% | Dec 2025 |
JPMorgan Chase & Co. (via JPMorgan Investment Management, Inc.) Major U.S. bank and asset manager; JPMorgan Investment Management is disclosed as owning around 116.7 million Walmart shares (~1.46%). | Institutional | 1.5% | 1.5% | Dec 2025 |
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