Flipkart Employees With Stock Options Can Earn Crores Now: Report

At a time when the e-commerce sector in India has come under a cloud over layoffs, etailer major Flipkart has taken a big step to retain its high-performing employees. (Read) Flipkart is believed to have sold a marginal stake in its employee trust fund to high net worth individuals (HNIs) for around Rs 180-240 crore, according to media reports. The move will enable staff with employee stock options (ESOPs) to monetize their holdings...