Flipkart considers IPO in the US, expecting a valuation of $35 billion
The e-commerce major will merge with a blank-check firm to quicken the listing process
Flipkart has approached various Special-Purpose Acquisition Companies (SPACs) for the same
SPACs are shell corporations listed on a stock exchange to acquire a private company
They help private firms go public without traditional IPO processes
Flipkart is also analysing other alternatives, say reports
Meanwhile, competitor Grofers also considers the US listing
