Flipkart's valuation hits $38.2 billion; total employee payouts exceed $1.5 billion

According to a Moneycontrol report, Flipkart's valuation has climbed to approximately $38.2 billion following its latest employee stock buyback program. This figure marks a 6% increase from the $36 billion valuation recorded during its private funding round in May 2024. With this recent $50 million ESOP repurchase, the cumulative liquidity provided to employees by the firm has now surpassed $1.5 billion.

by shortkt.com
4 hours ago
Flipkart's valuation hits $38.2 billion; total employee payouts exceed $1.5 billion | ShortKT