E-commerce giant Flipkart has rolled out a new liquidity event for eligible employees holding vested stock options. Employees who were with the company between July 6, 2022, and July 5, 2025, will have the option to sell up to 5% of their vested ESOPs, according to an internal email to staff from CEO Kalyan Krishnamurthy.
The buyback price is set at $174.32 per option, with disbursements scheduled for next month, a Flipkart spokesperson confirmed. Media reports estimate the total size of the buyback to be around $50 million, potentially benefiting between 7,000 and 7,500 employees.
ALSO READ‘Flipkart Minutes has higher AOV than anyone else in q-comm’
Flipkart grants employee stock options on a four-year vesting schedule, with 25% of the allotted shares vesting each year.
In the mail, Krishnamurthy also indicated the possibility of another liquidity window early next year, if the company meets certain performance targets. This move comes on the heels of Flipkart’s historic $700 million ESOP payout in 2023, from the separation of PhonePe and Flipkart.
Meanwhile, Flipkart is also reportedly preparing for a public listing, and its board has approved the plan to shift its domicile back to India from Singapore.
ALSO READAmazon India to invest Rs 2,000 crore for faster deliveries & tech upgrades
Flipkart joins a host of companies, including HR tech platform Darwinbox, wealth-tech platform Dezerv, and Even Healthcare, who have announced ESOP buyback or liquidity schemes so far in 2025.
» Read More
