Flipkart launches second ESOP liquidity programme as Walmart unit eyes India IPO
Flipkart is letting employees encash up to 5% of vested options at ₹713.4 each in its second liquidity event in two years. The $50 million 2025 buyback follows larger rounds in 2018, 2021 and 2023, signalling IPO readiness after the e-commerce major shifted its domicile to India.
Flipkart launched its second ESOP liquidity programme in two years, letting employees sell up to 5% of vested options at ₹713.4 each, as the Walmart-owned e-commerce major moves toward a potential India IPO after shifting domicile.
Why this matters
The $50M buyback marks Flipkart's second ESOP liquidity event in 12 months, following larger rounds in 2018, 2021 and 2023, reinforcing IPO-readiness signals after its India domicile shift.
Retail-company signals accelerating, up 598,300% QoQ.