Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Flipkart gives ₹700cr ESOPs to senior, mid-level staff: Report
short by Kanishka Pandey / on Friday, 10 May, 2019
Bengaluru-based e-commerce platform Flipkart has reportedly issued around $100 million (₹700 crore) worth of Employee Stock Ownership Plan (ESOP) to its senior and middle-level staff. Employees have been allotted these new shares at a price of $125-$130 per unit, the report claimed. The Walmart-owned company is also considering an Initial Public Offering (IPO) for 2021, the report further added.
read more at Inc42