Flipkart greenlights cashing out up to 5% of vested stock options

Flipkart’s board has approved a second employee stock option liquidity event. Eligible employees can now liquidate up to five percent of their vested options. This event is estimated to be around twenty-five million dollars. Payouts to employees are scheduled to be made in August. The company’s growth has remained strong despite a challenging macroeconomic environment.

Sharing Is Caring:

Leave a Comment