Flipkart offers employees option to liquidate shares worth Rs 600 cr

During a town hall meeting, Flipkart CEO Kalyan Krishnamurthy told the employees that the firm aims to become a $100 billion company in terms of valuation

Flipkart is offering a wealth creation opportunity undee which its employees will have the option to liquidate their vested Esops (employees stock ownership plan) under the buyback worth Rs 600 crore. The option has provided at a time when the Bengaluru-based firm has raised $3.6 billion  in funding from global investors at a valuation of $37.6 billion

During a town hall meeting, Flipkart CEO Kalyan Krishnamurthy told the employees that the ambition of the firm is to become a $100 billion company in terms of valuation. He told the employees that solving for India and making an impact on economic