Flipkart plans mega $125 Mn ESOP buyback in upcoming round: Report
Shortpedia
Content Team
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In the process of raising fresh funds, ecommerce giant Flipkart is looking to start a buyback of employee stock options (ESOPs), which would result in employees cashing in on their stocks in the company. This would be the second major ESOP buyback for Flipkart in recent years. The company is said to planning a $125 Mn ESOP buyback in its upcoming funding round, which has been speculated for weeks now.
