Flipkart announces USD 50 million ESOP buyback; to benefit over 7,000 employees
BENGALURU: Ecommerce major Flipkart has announced an employee stock ownership plan (ESOP) buyback valued at USD 50 million (about Rs 428 crore) and this is expected to benefit about 7,000 employees.
A Flipkart spokesperson confirmed the ESOP buyback to TNIE.
This comes at a time when the Walmart-owned ecommerce firm prepares for an initial public offering that is expected in early 2026.
