Flipkart To Buyback Employee Stock Options Worth Rs 600 Cr: Report | Business Standard News

by business-standard.com posted 2weeks ago 11 views
Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. : Walmart-owned Flipkart will undertake a buyback employee stock options worth about Rs 600 crore, according to sources. Earlier in the day, Flipkart announced raising USD 3.6 billion (about Rs 26,805.6 crore) in funding from a clutch of investors that valued the e-commerce major at USD 37.6 billion (about Rs 2.79 lakh crore). In an e-mail to employees, Flipkart Group Chief Executive Officer Kalyan Krishnamurthy lauded the critical role played by the staff in reaching this milestone.

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