Flipkart ex-staff push for Esop buyout; Wipro, Tech Mahindra’s Q2 report

Former Flipkart executives and employees have renewed their push for a buyout of their vested employee stock options (Esops) by the company, asking Flipkart parent Walmart to delink their liquidity from the ecommerce firm’s proposed IPO, sources told us.

Fresh demand: In a fresh email to Walmart’s board, the ex-employees cited the lack of a clear IPO timeline and sought an exit opportunity within a reasonable timeframe.