News · Commerce & Consumer Brands

Flipkart approves second ESOP liquidity event

What they do

Flipkart is an online shopping site selling mobiles, electronics, furniture, grocery, and more

The board approved a second ESOP liquidity event allowing employees to sell up to 5% of vested options at Rs 713.4 each, valued at $25 million

This follows a $700 million liquidity event in 2023, one of the largest employee payouts by an Indian-origin privately held company

Flipkart approved a second discretionary ESOP liquidity event for employees.
Eligible employees can liquidate up to 5% of vested stock options.
The announcement was made via an internal email from Group CEO Kalyan Krishnamurthy.
The second liquidity event is contingent on meeting business goals set last year.
The board approved it after reviewing progress.
All active employees as of July 15, 2026 are eligible.
Employees can liquidate up to 5% of options vested between July 16, 2023 and July 15, 2026.
The liquidity price is fixed at Rs 713.4 per option.
Payouts are scheduled for August 2026.
This second event is valued at around $25 million.
The combined value of both tranches is $50 million.

Flipkart launched a $50 million ESOP liquidity programme in July 2025.
The July 2025 event allowed up to 5% of vested ESOPs at $174.32 per option.
The company had said another liquidity window would open in early 2026 if performance goals were achieved.
Flipkart has conducted multiple ESOP buybacks over the years, including a record $700 million event in 2023.

Flipkart is an online shopping site for mobiles, electronics, furniture, grocery, lifestyle, books, and more.
It offers categories including fashion, mobiles, electronics, beauty, home appliances, toys, food, health, auto accessories, sports, furniture, books, and 2 wheelers.
Services include Flipkart EMI, Pay Later, Gift Cards, Sell, Phone Plus, SuperCoin, Value 365, and Brands in Spotlight.
Vertical offerings include Minutes Grocery Store, Minutes Paan Store, and Minutes Pharmacy Store.
Flipkart is owned by Walmart.
The Group CEO is Kalyan Krishnamurthy.