Around 1,000 Ex-Flipkart Employees Seek Stock Option Liquidity from Walmart
Nearly 1,000 former employees of Flipkart and its group companies have petitioned the boards of Walmart and Flipkart for clarity on the ecommerce firm's IPO timeline. They seek liquidity for their vested employee stock options, which remain locked due to listing uncertainties. The petition, dated October 10, gathered over 500 signatures within 24 hours and includes former staff from Flipkart, Myntra, Cleartrip, Shopsy, Supermoney, and ANS.
Business Standard·

