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FLIPKART ESOP BUYOUT
ET Exclusive: Flipkart’s former suites write to Walmart board, seek fair treatment and full cash out of vested ESOPsIn a letter written earlier this month, Former CEO Mukesh Bansal, finance head Sanjay Baweja, ex-CBO Ankit Nagori and others said uuncertai...- SoftBank changes India gears; Meesho’s homecomingHappy Tuesday! SoftBank is looking to acquire IT-enabled services firms in India. This and more in today’s ETtech Morning Dispatch.
- Exclusive | Amazon in deal talks with Swiggy for quick commerce business Instamart: sourcesEarly talks on; US ecommerce biggie looking for a buyout or stake via pre-IPO placement. Discussions may face multiple roadblocks, said sou...
- More fintechs flip back; IT freshers hiring revivalHappy Tuesday! Lending startup Kreditbee has moved its domicile from Singapore to India. This and more in today's ETtech Morning Dispatch.
- Titan to buy CaratLane employees’ ESOPs for around Rs 350 croreThe company has around 1,700 employees, and its ESOP pool holds around 1.5% stake. Following the purchase of Sacheti’s 27.18% stake in Cara...
- Nearly $700 million cash payout in store for Flipkart employees after PhonePe hive offEmployees who hold stock options in Flipkart will be paid cash equal to the value of PhonePe within those holdings, as the digital payments...
- Startups go all out to attract talent; Lightspeed chases growth dealsIndian startups including the likes of Meesho, PhonePe, Upgrad, Purplle, Pristyn Care and Spinny are going all out to rope in and retain ta...
- Mamaearth, Cult.fit snap up offline firms; Jio Platforms to bet $200M on GlanceWhile it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...
- Founders keepers at IPO-bound startups; govt differs with RBI on cryptoSeveral startup founders whose firms are debuting on the stock markets in 2021 are being wooed by their companies' boards with increased st...
- Deal with itIn today's ETtech Morning Dispatch: Tata-BigBasket deal; Byju's may land new funds; and GreyOrange eyes US listing.
- After Flipkart’s big moment, startups dream bigA week after the Walmart-Flipkart deal, employees and start-up entrepreneurs are still talking about it.
- ESOPs made workers millionaires in the Valley, but it’s a complete failure in IndiaWhile Silicon Valley companies like Facebook Inc. and Google have created thousands of millionaires through stock option programs, the same...
- Here's how 2017 has been a roller coaster ride for Indian startupsThe year began and is ending on a high note for SoftBank, with its decision to invest in India through Vision Fund in January to sealing a ...
- Online's billion dollar babies: How a nascent digital industry generated $1.5 bn of employee wealth in 5 yearsIndia’s homegrown companies have used ESOPs to attract talent in compressed timelines, he adds. The fast sprints in a company’s growth are ...
- Why startup employees are looking for a higher chunk of stock optionsWhile one can make up for the lost salary by going to a big company in future, one can never make up for the lost ESOP opportunity.
- How Citrus Pay made 15 of its staff crorepatisAbout 50 employees are set to share in the spoils with an estimated Rs 43 crore being allocated as returns on the employee stock option pla...
- Tech startups, e-commerce companies like Flipkart, Ola, Snapdeal, Uber cut down on joining bonusesExperts said e-commerce companies have become prudent as they are under pressure from investors to focus on profitability.
- Why you should accept the next job offer from a startupStartups are fast emerging as exciting new career destinations. They are able to pay top dollar and offer exciting roles.
- India's e-commerce warzone: Six cut-throat skirmishes underway between global giants & Indian top dogsE-comm is seeing a race between the Amazons and Expedias vs the Flipkarts and MakeMyTrips. The desi cos have the wind in their sales, for n...
- Two dozen top executives at Myntra to be millionaires post Flipkart dealAmong those expected to gain big from this allstock deal are chief operating officer, chief technology and product officer and the head of ...
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