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FLIPKART ESOP
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’s $1.5 billion Esop buyback timeline; from 2018 to nowThe latest Esop buyback, worth $50 million, will benefit about 7,500 staff. To date, the ecommerce leader, which is moving towards an IPO, ...
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...
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
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 tops Indian tech Esops list with Rs 17,000 crore poolThe homegrown e-tailer was followed by Oyo, Zomato, Paytm and Nykaa, according to data exclusively sourced by ET from executive search firm...
Flipkart has plans to buy back ESOPs worth $125 millionFlipkart employees will have the option to liquidate their vested ESOPs. In 2018, when Walmart acquired Flipkart, it had reserved $500 mill...
Flipkart delivers $100m Esops to a chosen fewEsop distribution took place as part of the company’s annual performance assessment programme.
Few Flipkart employees to turn millionaires as Walmart to buy ESOPs worth $800 millionFlipkart has announced in a letter to current employees that they will be allowed to liquidate their employee stock ownership plans (ESOPs)...
Walmart-Flipkart deal brings Esops back in the spotlightStartups fielding queries from staffers on how to exercise their rights over vested stock options
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.
Flipkart completes its ESOP repurchase plan of over $100 millionMore than 3000 current and former employees of Flipkart, its fashion arms Myntra and Jabong and its payments arm PhonePe participated in th...
Flipkart to set aside 2.5% more for ESOPs; 5.45% stock already allotted to employeesFlipkart was founded in 2007 and began providing ESOPs two years later, when it raised $1 million (about Rs 6 crore) from Accel Partners.
About 400 Flipkart employees with stock options become crorepatis in less than a decadeIn two years, Flipkart’s valuation has grown 8 times. For company’s founders, Esops are a conscious attempt at creating wealth for their em...
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...