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Flipkart to buy back $50 mn ESOP; to benefit 7,000 staff

The New Indian Express Kozhikode

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July 12, 2025

ECOMMERCE major Flipkart has announced employee stock ownership plan (ESOP) buy-back valued at $50 million (428 cr) and this is expected to benefit about 7,000 employees.

- ENS ECONOMIC BUREAU @ Bengaluru

This comes at a time when the Walmart-owned ecommerce firm prepares for an initial public offer that is expected in early 2026. A Flipkart spokesperson confirmed the ESOP buy-back to TNIE. Earlier in 2023, it announced a $700 million ESOP buyback.

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4 SC circulars specify oral mention rule, urgent matters

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J&K-PoK barter is intra-state trade, rules HC

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