Start-Up Hits: 2016

Flipkart creates robust 'ESOP or employee stock options' pool

Start-Up Hits: 2016
Flipkart creates robust 'ESOP or employee stock options' pool
Start-Up Hits: 2016
10 January 2022, Mumbai:
E-commerce platform Flipkart has created a Rs 17,000-crore ESOP pool, the highest stock options allocated to employees among Indian technology companies.
An ESOP or employee stock options plan gives workers ownership interest in the company in the form of shares. cnbc18.com
Flipkart News: Flipkart latest news and recent flipkart updates | The Economic Times
The same was exercised earlier by the likes of Oyo, Zomato, Paytm, and Nykaa, according to data search firm Longhouse Consulting.

 

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