Flipkart approves â¹655 crore ESOP repurchase plan for staff
Flipkart has reportedly approved a plan to repurchase employee stock options in a $100 million (â¹655 crore) ESOP repurchase plan, which is expected to benefit nearly 6,000 current and former employees. This comes after Flipkart successfully raised about $4 billion in financing this year. The share buyback plan will reportedly mark the largest such programme in Indian startup sector.