IPO-bound Swiggy announces fifth Esop plan worth $65 millionSwiggy has cumulatively enabled over Rs 1,000 crore of Esops liquidity over the five events, benefiting more than 3,200 employees. Girish M...
15 Jul, 2024, 05.46 PM IST
Pocket FM completes first ever Esop buyback worth $8.3 millionPocket FM completes $8.3 million Esop buyback for 800 employees, with 25% Esops vested in the first year. Recently raised $103 million from...
01 Apr, 2024, 06.06 PM IST
Meesho kicks off Rs 200-crore Esop buybackBoth current and former employees can participate in the buyback programme, its largest to date. Meesho said it had conducted similar buyba...
13 Mar, 2024, 05.45 PM IST
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...
02 Sep, 2023, 04.13 PM IST
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...
21 Aug, 2023, 06.38 PM IST
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.
15 Jul, 2023, 02.43 PM IST
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...
07 Jul, 2023, 08.55 AM IST
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
29 Nov, 2022, 01.34 PM IST
Exclusive: Flipkart readies $700M Esop buyback; Noise eyes overseas marketsWalmart-owned Flipkart, known for regularly buying back employee stock options, is likely to execute the mother of all buybacks – a $700 mi...
29 Nov, 2022, 08.34 AM IST
Ninjacart conducts Rs 100-crore ESOP buyback for current, former employeesNinjacart’s ESOP buyback announcement comes days after Flipkart and Walmart invested $145 million in the company. Flipkart recently effecte...
04 Jan, 2022, 04.56 PM IST
PhonePe conducts Rs 135-crore ESOP buybackPhonePe, part of the Walmart-controlled Flipkart Group, has conducted ESOP buyback worth Rs 135 crore, but the company founders—Sameer Niga...
20 Nov, 2021, 10.10 AM IST
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...
23 Jun, 2021, 07.10 AM IST
Flipkart delivers $100m Esops to a chosen fewEsop distribution took place as part of the company’s annual performance assessment programme.
10 May, 2019, 09.01 AM IST
Staff cheer ESOP buyback, but ex-employees unhappyA day after Flipkart’s cofounder Binny Bansal drew a loud cheer for announcing a 100% buyback option of vested ESOPs at the company’s town ...
11 May, 2018, 12.04 PM IST
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.
10 May, 2018, 12.58 PM IST
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...
13 Dec, 2017, 03.27 PM IST
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...
14 Aug, 2014, 01.15 PM IST