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FLIPKART ESOP SALE
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- Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
- Flipkart to buy back $50 million in employee stock; 7,500 staff may benefitFlipkart Esop buyback: Flipkart has completed a $50 million employee stock buyback, offering liquidity to around 7,000–7,500 staff at a tim...
- Walmart spent $3.5 billion to buy Flipkart shares from Tiger Global, Accel, Binny Bansal, others: FilingTiger Global and Accel Partners held about 5% collectively in the Bengaluru-based etailer. Tiger registered a $3.5-billion in profits on it...
- Flipkart pays $700 million Esop to staff post PhonePe splitMore than 24,000 individuals, including former Flipkart and Myntra employees, are eligible for payments from the buyback.
- Flipkart-PhonePe spilt: Flipkart staff to receive $700 million cash payout this monthEligible former and current employees will receive $43.67, or about Rs 3,615 for each unit of Esop they hold in Flipkart as compensation fo...
- Exclusive: Big payday for PhonePe founders post Flipkart Esop saleCofounders to receive $20-25 m each by liquidating stock options in erstwhile parent
- PhonePe separation official; online payments firm to be India-domiciled nowHive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion
- 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...
- Flipkart may go for $700 million Esop buyback as part of PhonePe financing roundThe buyback, likely the largest in India’s new-age internet economy, is part of PhonePe’s latest $1.5-2 bn funding round led by Walmart
- Flipkart makes space at top, picks 5 Vice PresidentsE-tailer promotes senior executives ahead of company’s flagship Big Billion Days sale.
- Flipkart delivers $100m Esops to a chosen fewEsop distribution took place as part of the company’s annual performance assessment programme.
- Walmart-Flipkart deal brings Esops back in the spotlightStartups fielding queries from staffers on how to exercise their rights over vested stock options
- Here's how Flipkart employees' ESOPs will be taxedThe money that Flipkart employees are now expected to make from ESOPs has caught the limelight. Here's a lowdown on how ESOPs are taxed in ...
- Walmart’s acquisition of Flipkart rakes in $500m moolah for FlipstersFlipkart’s stock options are granted over a four-year period, with employees allowed to vest them every month after a one-year threshold.
- Forget Sundar Pichai, here are some other hefty payouts made over the yearsMany of the corporate executives received golden parachutes after short stints on the job.
- Tiger Global Management benefits the most from Flipkart’s secondary share saleFlipkart had also recently organised an ESOP repurchase plan -- enabling its former and existing employees to sell their ESOPs and earn ove...
- Road to riches: Ecommerce firms like Flipkart, Snapdeal say they too can make their low-level workers millionairesOffice boys, warehouse supervisors, clerks, receptionists & other non-managerial employees of some of India’s best ecommerce firms can beco...
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