New Delhi, May 15 -- Walmart, the US retail giant, has asked the e-commerce platform Flipkart to pause its IPO plans and focus instead on achieving EBITDA breakeven before the end of FY27, according to a Moneycontrol report.

As reported by Moneycontrol and based on insights from knowledgeable sources, this decision was made during Walmart CEO and President John Furner's recent visit to Bengaluru-his first trip to India since assuming the role in February. During his visit, Furner reportedly met with senior Flipkart executives to assess the company's long-term growth and profitability strategy.

Moneycontrol, citing its sources, reported that Flipkart has set an internal objective to reach EBITDA breakeven within this financial year, effe...