Flipkart to launch $50 million employee stock buyback; over 7,000 staff may benefit – check details here

Flipkart has announced a $50 million employee stock buyback plan for approximately 7,000-7,500 employees as it prepares for a potential IPO filing next year. Employees can liquidate up to 5% of vested stock options at $174.32 per option, with disbursal in August 2025.