Flipkart explores ticketing and food delivery ahead of potential IPO

Flipkart is evaluating an expansion into ticketing and food delivery, as it builds out higher-frequency use cases ahead of a potential public listing.

According to Reuters, the company is looking to enter movie and live event ticketing, which would put it in competition with BookMyShow and District by Zomato. A food delivery pilot is also being explored, although timelines and product integration are yet to be finalised.

The move points to a broader shift in how Flipkart is positioning its platform. Categories such as ticketing and food delivery tend to drive repeat usage, which is a key metric for consumer internet companies approaching public markets.

The company has already taken structural steps in that direction. It completed its relocation to India earlier this year, with Flipkart Internet Private Limited becoming the holding entity following approval from the National Company Law Tribunal. Flipkart is also in early discussions with banks including Goldman Sachs, Morgan Stanley, JPMorgan Chase and Kotak Mahindra Capital, with a listing expected in the 2026 to 2027 window. Reports indicate a pre-IPO raise is under consideration, alongside a higher valuation target than its last funding round.

In the ticketing segment, the timing aligns with sustained growth in live entertainment. Large-scale tours, festivals and sports events have driven demand over the past year. BookMyShow continues to lead the market across both movies and live events. Zomato has also expanded its position through its acquisition of Paytm Insider, which now sits within District.

Food delivery presents a different set of challenges. The market remains concentrated between Zomato and Swiggy, with both companies having built scale over several years. Previous entrants such as Uber Eats and Amazon Food have exited after struggling to gain traction.

The expansion comes as Flipkart continues to face regulatory scrutiny. The Competition Commission of India found in 2024 that Flipkart and Amazon had engaged in anti-competitive practices. The National Consumer Helpline has also reported high volumes of complaints against the platform, while the Enforcement Directorate has investigated its fashion arm Myntra over alleged violations.

Alongside ticketing and food delivery, Flipkart is expanding into quick commerce through its Minutes service, which is targeting a significant increase in dark store capacity by the end of 2026.

For the live music business, a new entrant at Flipkart’s scale could change how tickets are distributed and discovered, particularly if the company integrates ticketing into its existing commerce ecosystem rather than building a standalone product.

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